EGR 403 - Economic Analysis Equipment Comparison Honda Accord vs. Toyota Prius.

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Presentation transcript:

EGR Economic Analysis Equipment Comparison Honda Accord vs. Toyota Prius

Team 3: Group Members Lester Oestreich – Leader Jane Veerachanavirut - Organizer Richard Do – Technie Carlos Ruiz - Summarizer Peter Jo – Summarizer

Objective Longterm economic comparison of a super low emission vehicle (Honda Accord) versus Buying a hybrid vehicle (Toyota Prius) to determine which is the better buy

Honda Accord vs. Toyota Prius 2004 & 2005 Honda Accord LX 2005

Areas of Interest Purchase Price Cost of Ownership  Gas  Insurance  Maintenance

Parameters/Assumptions 5 year ownership of vehicle Male or Female College Graduate Age 25 Resident of Pomona, CA Single

Vehicle #1 - Honda Accord Statistic from research

Vehicle #2 - Toyota Prius Statistic from research

Action Items/Research Contact Dealers for Information Contact Insurance Companies Research consumer vehicle reviews for longterm gas mileage, maintenance…

References: Any references used to create the proposal