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Pay Cash for Your Car!

Learn how to save money to buy a car with cash and upgrade to better cars over time. See how much your friends will overpay for their cars through financing.

rogerstewart
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Pay Cash for Your Car!

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  1. Pay Cash for Your Car! You can buy a good used car for around $3,000. This may seem like a lot right now, but let me show you how easy it can be…

  2. Car Details: Year: Make: Model: Miles: Defects: Features that you like about this car: Let’s say you work part time after school and on weekends. If you make $100 a week and save it all, you’ll have $3,000 for a car in only eight months. Instructions: Find a car for sale online that you can buy with $3000. Paste a screenshot of the page above. Type the required info in the text box to the right.

  3. Car Details: Year: Make: Model: Miles: Defects: Features that you like about this car: Now, your $3k car has helped you get a job and now you can save a little more. What if you save $475/mo for 10 months?Now you have $4750. Let’s say your $3k car is now only worth $1500… For a total of $6,250 to upgrade. Instructions: Find a car for sale online that you can buy with $6,250. Paste a screenshot of the page above. Type the required info in the text box to the right.

  4. Car Details: Year: Make: Model: Miles: Defects: Features that you like about this car: Let’s say you keep saving that $475. In 10 months you’ll have another $4,750And your current car probably hasn’t decreased much in value…You can step up again to an $11,000 car! Instructions: Find a car for sale online that you can buy with $11,000. Paste a screenshot of the page above. Type the required info in the text box to the right.

  5. Car Details: Year: Make: Model: Miles: Defects: Features that you like about this car: What if you keep paying yourself that $475 for 6 more years…And put that money in a mutual fund that earns a higher interest rate.You’re probably ready to get rid of that $11k car and it probably doesn’t have much value left. But you have a Car Replacement Fund of about $32,000! Instructions: Find a car for sale online that you can buy with $32,000. Paste a screenshot of the page above. Type the required info in the text box to the right.

  6. You now have a $32,000 car and NO DEBT!Your friends just bought new cars, too… Suzy Bought a 2019 Camaro John bought a 2019 Dodge Truck Calculate how much your friends will OVERPAY for their car: Monthly Payment X60 _______________ Total Paid -Original Price _______________ Total OVERPAID • Car Price • Payments (60 month loan) • Interest Rate • How much will John OVERPAY for his Truck? • Car Price • Payments (60 month loan) • Interest Rate • How much will Suzy OVERPAY for her Camaro?

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