Nhu Nguyen Brent Demers Keng Chon Sit Ramon Valdez Team 4: Lease or Buy a Car Nhu Nguyen Brent Demers Keng Chon Sit Ramon Valdez

Role Nhu Nguyen – Techie Brent Demers – Summarizer Keng Chon Sit - Summarizer Ramon Valdez - Organizer

Project Type Lease Vs. Buy Based on a car (BMW 328i) Down Payment: $5,000 Duration: 5 years

Scenarios Benefit for each choice between Lease or buy a 2008 BMW 328i, factory build Payment per period between the two type (lease or buy) Short-term goal Which will save on costs Long Term Goal Deprecation percent Insurance

Resources Interview a Dealership sale person Method: -through phone or email The internet: BMW.com Electronic database from Cal Poly Kelly Blue Book