Course: My First Car - Algebra

Loan for a Used Vehicle

Repeat this process for the used vehicle. However, you are not putting a down payment of $2000. You are looking for 100% financing.

Click on the Loan for a Used Vehicle link below and follow the directions to determine the best choice for purchasing a car.

Click on the Insurance Quotes link below and follow the directions.

Use the following format:

3 Year Interest Rate =
3 Year Loan =
Total Price after 3 Years =
Monthly Payment for a 3 Year Loan =
Total interest paid for a 3 Year Loan =

4 Year Interest Rate =
4 Year Loan =
Total Price after 4 Years =
Monthly Payment for a 4 Year Loan =
Total interest paid for a 4 Year Loan =

5 Year Interest Rate =
5 Year Loan =
Total Price after 3 Years =
Monthly Payment for a 5 Year Loan =
Total interest paid for a 5 Year Loan =