Calculate the estimated monthly and annual expenses for the following vehicle. For the cost of fuel use $3.00 per gallon. justify your answers by providing specific information.
Base price: $25000
Discount: 6%
Dealer preparation fee: $250
Destination charges: $500
Additional options: $3500
Down payment: $2500
Interest rate: 9% annually for 5 years
Estimated fuel economy: 23 miles per gallon (mpg)

Depreciation: 8% per year
Insurance premiums: $100 per $1000 value
Regular maintenance: $125 per event, 4 events annually
Unexpected repairs: $800
Annually tires: $450 per set every 24 months
Average miles driven: 60000 annually.



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