Keep the Old Car or Buy a Used Car Manny is an online student who currently owns an older car that is fully paid for. He drives, on average, 140 miles per week to commute to work. With gas prices currently at $2.22 per gallon, he is considering buying a more fuel-efficient car and wants to know if it would be a good financial decision.

The old car Manny owns currently gets 17 miles per gallon for average fuel efficiency. It has been a great vehicle, but with its age, it needs repairs and maintenance that average $810 per year (as long as nothing serious goes wrong).

Step 3: Apply Quantitative Tools
Use computational and algebraic tools to quantify the total costs (gas, maintenance/repairs, purchase price) for each scenario over the three years.

Round your answers to the nearest dollar.

Scenario

Total Cost for Three Years

Keep the old car

$
Number

Buy the fuel-efficient used car

$
Number