a.

Transportation (one week)

MONTHLY INCOME
50% necessity (rent) $1841.88

30% extra stuff $1105.13

20% savings $736.75

i. Do you plan on buying a car? If yes, respond to the following (use the
following two guides for support: selection guide; cost and upkeep guide).
1. Choice of car make, model, year, and cost
2018 Honda Civic Sedan LX 6-Speed Manual
$18,840 MSRP
2. Lease vs. buy, new vs. used vs. certified pre-owned
BUY
3. Car insurance costs
Year 1: $1,291
5 Year Total: $6,922
4. Estimates for gas usage
Year 1: $1,468
5 Year Total: $7,793
5. Upkeep/maintenance costs
Maintenance
Year 1: $162
5 Year Total: $3,669
Repairs
Year 1: $0
5 Year Total: $773
ii. Do you plan on buying a car? If no, respond to the following:
1. What alternative transportation will you rely on? (bus, trolley,
Uber, Taxi, etc.)
In college (UCSD) I have access to free public transportation for
my time there
2. What is the estimated weekly cost of this transportation? Yearly
(multiply the weekly amount by 52)?
$0
3. What amount of time will you need to budget each day for this
transportation method?
0 because it’s free!