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Saving For Car Purchase Calculator
Now that you have identified your values, skills, career options, and S.M.A.R.T. goals it is time to begin the S.M.A.R.T.E.R. process.
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RED Numbers
With Your Numbers
How much will I need to save to buy a car?
How will Car be funded ?
Upfront Costs
Funding Today
Car price
Monthly Saving
Registration/Title
Expected Annual Interest Rate Earned
Sales Tax
Current Tax Free Savings Account
Miscellaneous Cost
Expected Annual Interest Rate Earned
Licensing, etc.
Total Costs
Future Costs
Future Values
Expected years before
purchasing
1
Monthly Saving
Current Tax Free Savings Account
Future Annual Costs
Insurance
Total Funding
Maintenace/Tires
Fuel
Total approximate
monthly
savings needed
Total Costs
For illustration purposes only
Additional funding options are discussed in course 3
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