CAR GUY 4323
New member
Alright first off this is a project that I'm doing for my class and I need assistance!
I'll type out two of the questions and see if you can help me out...
I'll need to know the best insurance option as well.
1. List the monthly expenses that would need to be included in your monthly budget if you purchased /leased the vehicle ?
2. Your total monthly debts should not be more than 40% of your gross income. This is called the total debt service ratio or TDS ratio. Your other current debts include a credit card payment of $150/month and a mortgage payment of $790/month, how much would your annual gross pay have to be in order to purchase the vehicle.
Info is below...
PRICING SUMMARY
MSRP$42,495.00
PDI & Freight$1,525.00
Air Tax$100.00
Accessories$0.00
Purchase Price$44,120.00
PST$3,529.60
GST/FST Taxes$2,206.00
Purchase Price$49,855.60
I'll type out two of the questions and see if you can help me out...
I'll need to know the best insurance option as well.
1. List the monthly expenses that would need to be included in your monthly budget if you purchased /leased the vehicle ?
2. Your total monthly debts should not be more than 40% of your gross income. This is called the total debt service ratio or TDS ratio. Your other current debts include a credit card payment of $150/month and a mortgage payment of $790/month, how much would your annual gross pay have to be in order to purchase the vehicle.
Info is below...
PRICING SUMMARY
MSRP$42,495.00
PDI & Freight$1,525.00
Air Tax$100.00
Accessories$0.00
Purchase Price$44,120.00
PST$3,529.60
GST/FST Taxes$2,206.00
Purchase Price$49,855.60