Locate advertisements for new auto vehicles in your area. These are often published in local newspapers or on car dealership websites. Choose one vehicle that is advertised and answer the following questions,
1. What is the make and model of the vehicle? (Example: Ford Escape)
2. What is the total price listed for the vehicle?
3. What is the monthly payment for the vehicle? Is this a lease payment or a purchase
payment?
4. How long is the term of the loan/lease? Examples: 24 months, 36 months, 48 month