: Your aunt and uncle are aware that you are taking a finance class and have come to you for advice. They are wanting to replace one of their current vehicles with a new (not leased) SUV. The models they are currently exploring offer special financing options. The price range for their favorite models is between $21,000 and $26,000, each. They may choose $1,800 customer cash and a 7.25% interest rate for up to 60 months, or they may choose 1.75% interest rate for up to 60 months. The maximum amount of funds they have available for a monthly payment is $585. They do not have savings for a down payment. They are seeking your advice as to which financing option they should choose and the term of financing (3, 4, or 5 years).