purchasing a car and financing it.

This assignment will focus on purchasing a car and financing it. Using various methods, please research current interest rates. You will then need to locate a car that you would be interested in buying. I would suggest visiting Ford, Jeep, Honda and other car manufacturer’s web pages to locate a car you like as well as its purchase price. Then you will need to use an online loan calculator, such as Bankrate.com to determine what your monthly payment would be. While this assignment is a personal finance topic, it also is one that will be helpful in the business world as well. Many companies are now choosing to finance vehicles rather than purchase.