Vehicle Selection & Financial Analysis
2025 Honda Pilot
Cost: $40,000 (new)
Monthly Payment: $622.38 (based on a 5-year loan at 6.25% interest)
Gas Expense Estimate: 22 miles per gallon, $3.50 per gallon, driving 1,000 miles per month = $159.09 monthly gas cost
Breakdown of Costs
Insurance: Estimated at $150 per month
Maintenance: $60 per month
Total Monthly Cost: $680 (loan) + $150 (insurance) + $159.09 (gas) + $60 (maintenance) = $1,049.09