Car Project

Rowe Balmer
Period 7
2016 Lexus NX 300h
Three Outstanding Features:

Remote Touchpad
Wireless charger
32 mpg

MSRP: $40,670

I am a value shopper. This car has all

the best safety features and fancy
technology features, but it is all worth
the price!
Car Review
My car won Top Safety Pick+!
Other TSP+ cars include:
2017 Acura MDX
2017 Audi Q5
2017 Buick Envision
Five-star overall vehicle score for safety. -NHTSA
It gets very good fuel economy- 32 mpg!
A 2.0-liter turbocharged engine delivers dynamic performance.
Gasoline
My minimum octane rating is 87- so regular gas.
My yearly cost of gas is $1,139.
My monthly cost of gas is $95.
My city mpg is 34.
My highway mph is 30.
I will drive 15,000 miles a year at 60% city, 40% highway.
Maintenance and True Cost of Car
An oil change would cost roughly 80$ for a mechanic.
The cost of owning my car for 5 years would be $44,999!
By dividing by five, the cost of maintenance for a year would be roughly
$9,000.
Depreciation of my car: Price after
1 year $29,790
2 year $26,215
3 year $23,069
4 year $19,839
5 year $16,863
Extra Prices
Tires $475.96 for four tires from Firestone
Brake Job ~$400 for front and back tires from NAPA AutoCare
Alignment/Balance ~$170 from a dealer and ~$80 from a local mechanic
Insurance
Auto Insurance You agree to pay the premium and the insurance company
agrees to pay your losses as defined in your policy. Auto insurance provides
property, liability and medical coverage: Property coverage pays for damage to or
theft of your car.
Monthly Cost of Auto Insurance$115
Annual Cost of Auto Insurance $1380
Research- Kelley Blue Book
Book Value
$40,500
Invoice Price
$38,285
Base Price
$37,253
MSRP
$40,670
Sticker Price
$39,720
Monthly Payments
 Price of Owning the Car for a Month
Monthly Payment $686
Gas $95
Insurance $115
Parking Fees $50
Total $946