John is looking for a new car. He has a down payment of

$

$1$

$,$

$500\mathrm{.}00$

$$1,500\mathrm{.}00$ and wants to pay

$

$250\mathrm{.}00$

$$250\mathrm{.}00$ per month for

$5$

$5$ years. The best deal he found for an amortized loan is his local bank, at a rate of

$2\mathrm{.}85$

$2\mathrm{.}85$

$\%$

$\%.$ What is the highest price car he should consider buying?