Loan interest rates, insurance costs, titling tax, finance charges...HELP!?

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Okay, I am looking into getting a car, at the same time - doing a project for driver's ed.

The project is your max loan amount is 5,000 - including the taxes, tags, insurance, and other expenses.

The car I found is a 1992 Geo Storm that is going for $885.00 with 113,000 miles on it.

So, what would the loan interest rate, titling tax, amount financed and finance charges?

Please help...!

Loan interest rates, insurance costs, titling tax, finance charges...HELP!?

Keep this in mind when buying insurance: Car insurance does NOT have to cost a arm and a leg. The reason why people pay more than they should is that they don't take a few minutes and simply ask more than one insurer about their rates. Getting more than one quote WILL save you money.

At the very least, if you get two quotes, you can either compare and take the cheaper one, or tell the other to match or beat it. Think about it. Not getting multiple quotes is just a bad move, and you're telling the insurance agents to rip you off. You compare when you go to the store, why not compare when you're spending hundreds, maybe thousands a year on car insurance?

Another thing: Get ONLINE car insurance quotes. They only take minutes to do, you don't have to talk to anyone online, and you'll get better rates because you're dealing directly with the company, not their insurance agents. You're practically guaranteed to save, because you won't be paying that agent fee.

You'll find more info on car insurance, and some places to get some pretty good online rates here:

http://www.axalda.info/car-insurance.htm...

Loan interest rates, insurance costs, titling tax, finance charges...HELP!?

You should be able to go to your state department of transportation Website to find the cost of the title and tags. Taxes will be the local tax rate times the sales price of the vehicle. Your insurance rate depends on your several factors and you should be able to go on line to get a quote. I suggest Farmers.com. Your interest rate will be determined by your lienholder, but you can probably get an estimate on line also.



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