Reference no: EM133275112
Determine the monthly cost for your car. This should include fixed costs (loan payment, insurance, registration, etc.) AS WELL AS variable costs (gas, oil, wipers, tires, air filter, brakes, repair & maintenance, parking, tolls (if any), etc.)
If you have an annual expense such as registration, divide the annual cost by 12 to determine the monthly cost. Show this calculation. For a regular cost such as gas, show the cost for a typical week and then determine the monthly cost. Show this calculation.
For costs dependent on the number of miles logged on your car such as an oil change, discuss your annual mileage then breakdown the expenses that would occur throughout the year. For example, show how many miles between every oil change/tire rotation/new tires/new wipers then determine number of times you would have this expense based on the mileage logged for the year then divide by 12 to show the monthly cost.
Show this calculation. For costs that may occur after 40,000+/- miles such as new tires, determine number of months to reach this mileage (even if greater than one year) then determine cost per month for this cost. Show this calcuation.
Explain your numbers.
Show the total for monthly fixed costs, the total for monthly varilable costs, and the total monthly costs (fixed + variable)
Current car Camaro 2ss and price value is $45890 and miles= 3500
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