Cost of a Car Essay

291 WordsOct 22, 20122 Pages
Buying a Car – Research Task Buying a Car – Research Task Step 1 – Selecting a car 2006 AUDI A4 B7 MULTITRONIC $28,995* 2006 AUDI A4 B7 MULTITRONIC $28,995* Total photo(s): 8 Vehicle Details Vehicle | 2006 AUDI A4 B7 MULTITRONIC | Price | $28,995* | Kilometres | 75076 | Colour | BLACK/BLACK LEATHER | Transmission | 7 speed Constantly Variable | Body | 4 door 5 seat SEDAN | Drive Type | Front | Engine | 4 cylinder Unleaded Intercooled Turbo 1.8L (1781cc) | Reg Plate | NMF005 | VIN | WAUZZZ8E27A012959 | Stock# | C10485 | Compliance Date | 08/2006 | Comments | One owner, good service history and presents very well. Optioned with sunroof and rear park sensors. Well looked after example. Freight Australia wide and very competitive finance packages available | Step 2 – Insurance AAMI Comprehensive Insurance Third Party Insurance Step 3 – Registration Green Slip Pink Slip It is estimated for 40 dollars. Registration fees License fees Step 4 – Running costs Assumption: 5 years’ time Car travels 15,000 km per year 4 tyres every 45,000 kms Plus 1 tyre during the 5 year period due to puncture damage beyond repair Cost of Tyres YOKOHAMA C.drive $154 X 9= $1386 Cost of Petrol Average ULP (unleaded petrol) price is 128.4 cents per litre One litre petrol go about 20km Therefore, (15,000 km per year X 5 years / 20 km per litre) X 128.4 per litre = 4814500 cents = $4815 Cost of fines/parking/tolls/service Estimated $1000 per year Final Calculation Final Calculation Car costs = $28,995 Insurance fees: 5(1409.39 + 303.84) = $8,566.15 Registration fees: 5(690.56) + 40 + 232 + 250 = $3,974.8 Running Costs: 1386 + 4815 + 5(1000) = $11,201 Total cost for Five Years, $28,995 + $8,566.15 + $3,974.80 + $11,201 =

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