Using the Internet, write a 600-word report on the kind of new car you would buy. Although you can use your imagination and purc
hase any new model of vehicle you wish, you must give the following information in your paper: The purchase price you would pay for the car from a local dealership in your area. The price is to be the price of the car without any upgrades. It should be the price of a car completely stripped down to the basics. What would it cost?
The price of the car from the same dealership with upgrades such as nicer wheels, leather interior, navigation, etc. or any other extras you wish to add.
The price you would pay for bumper-to-bumper coverage. What does bumper-to-bumper coverage mean? Is it better or worse than a power-train warranty, and why or why not?
If you were going to pay this car off in 36 months, what would be your monthly payments?
You will also need insurance for your vehicle. Keep in mind that insurance costs vary depending on your age, driving record, credit history, and the vehicle you wish to insure. For this reason, you may not be able to find an accurate insurance estimate online. For the purposes of this project, assume that your monthly insurance costs will be equal to 3/4 of your car payment.
I would buy a BMW X5, I would be willing to pay about $20,000 because it is a reliable and spacey car that I can be comfortable in. It should be stripped down to the basics so I would be able to add what I would like for a lower price
