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You plan to buy a 2016 Ford Mustang GT Premium Coupe. The car has a sticker price of $44,760. You are able to negotiate a
You plan to buy a 2016 Ford Mustang GT Premium Coupe. The car has a sticker price of $44,760. You are able to negotiate a purchase price of $43,400. The sales tax is 8.2%. The DOC fees are $350 and the registration fees are 1.6% of the purchase price. Your down payment is $2,100. You are trading your current car in. You will need to look up its value in Kelly Blue Book. You will be financing the balance for 3.9|5% for five years. What are your monthly payments? What is your total price for this car? Assume the yearly registration fees are constant and include four more years of registration fees
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