Part III: Reading the Fine Print Excited to buy her dream car, Molly rushes into her local Jeep dealership. Molly picks out a car, sits down at the financing desk, and hears the following: 9. "Well, we ran your credit history. You've got a really thin file -- just a year's worth of student loan payments. The deal you saw was for 'well qualified buyers.' The best deal we can offer you is 6.6% for 60 months. A little more bad news -- the cash allowance is also based on credit history, so you don't qualify for $500. That said, you're excited about a Jeep, and I want to see you driving one, so I can do $400 for you!" Molly still has a $2500 down payment. How much loan does Molly need? 10. How much will Molly's monthly payment be using the Bankrate calculator 11. How much total interest will Molly pay using this plan? 12. When Molly adds all of her payments, how much will the car cost her? Part IV: In Summary 13. What valuable lessons did Molly learn about auto financing? Molly desperately wants a Jeep Patriot, and this new monthly payment is pretty high again. What suggestions do you have for making her dream become reality?