Financial questions...can you help?
Question:
What kind of car is the cheapest to buy and pay per month(or lease it) that is really good and doesn't break down often?
How much does internet cost? DSL or better?
How much does Auto Insurance cost?
Home insurance(is there one for apartments)?
I'm doing this for a class assignment but I wanna get this done today because it's due today.
PLEASE be nice and serious and helpful
Answer:
The blanket answer is: It all depends on where you live. I'll use myself as an example: I live in the Detroit area, so car insurance is going to be more expensive than for someone who lives in a more rural area, but other products and services will usually be less expensive because of competition. So let's go through your list:
You can buy a basic TiVo around here for around $150.00 if you get it on sale, but many of the cable companies and satellite companies offer free DVRs if you sign up for a year. Basic cable in this area runs about $45.00 a month, and you can get DirecTV for as low as $19.95 per month (plus taxes and fees) if you sign up for a year.
In terms of cars, it really depends on what you want (new or used), your credit history, and how much money you have as a down-payment. Right now they're offering a 39-month lease on a fairly-well equipped Ford Focus for $129.00 a month and about $1,700.00 due at signing. That's pretty darned cheap for a new car that has been ranked highly in the reliability department.
You can get Yahoo DSL in some areas of Detroit for $14.95 a month if you sign up for a year. I have cable-modem service in my home, and it started at $19.99 per month for the first six months -- now it's $27.95 per month.
Auto insurance costs vary. Rates are higher in big cities, younger drivers pay more, and newer cars cost more to insure, especially if you didn't pay cash for the car (you would have to have full collision coverage on a car that's financed). I have full coverage on my wife's 2004 Ford Explorer and partial collision on my 2001 Pontiac Grand Prix GT. I'm insured through USAA, which is the absolute least expensive you'll find, and it costs me about $900.00 a year to insure both vehicles. With any other insurance company it would cost at least $1,500.00 a year.
My homeowner's insurance is also through USAA, and my house is covered for $250,000.00 to cover the cost of the house and everything in it. It costs me $620.00 a year. And yes, there is insurance for apartments -- it's called renter's insurance. When I lived in an apartment it cost about $180.00 a year through USAA. Bear in mind that no insurance company can beat USAA's rates, so ball-park for renter's insurance would be $300.00 a year and homeowner's insurance would be more like $1,000.00 a year.
Does that help?
Depends on where you live and what packages you want.
Haven't the foggiest
Depends on what service provider you go with
Depends on all sorts of variables - car make/model/age, how many drivers, amount of coverage, multi-line discount, etc.
No home insurance for apartments - renter's insurance
Perhaps next time you should start your research earlier and don't rely on other people to do your work for you,
hi
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