Now go to autotrader.com or any car site of your choice and find the car that want to purchase. Once you find the perfect car in your price range, make sure to show your teacher, as well as listing the specifications below. Make/Model: Year: Number of Miles: Color: Special Features You Love: Price: 3. Now let's jump ahead ten years into the future again like you did in Credit 1. Based on your income ten years from now, how much are you budgeting for your car monthly payment? Many adults have car payments ranging from $300 to $700 per month, depending on their budget. How much are you budgeting for your monthly car payment in 2031? Your monthly car payment budgeted S. Let's assume again your annual percentage rate on your car loan will be 5.0% and you'll be paying the car off in 60 months/5 years. Use the loan calculator again to enter different loan amounts until you find the matching monthly payment you budgeted. Amount of the Car Loan You Can Afford $ Now start researching the new car you'll be buying! When you're done, make sure to include all the specifications of your car below. Make sure to share with your teacher too. Make/Model: Year: Number of Miles: Color: Special Features You Love: Price: $ Great job budgeting, pricing out loan amounts, and shopping for your dream car, today and in ten years!