Team 2 Vinh Thu Lieu – Organizer Qi Xu – Summarizer Manuel Gutierrez – Techie

Project Type Planning to buy or lease a car Planning to buy or lease a car 22 year old Male 22 year old Male B.S in Engineering, just out of college B.S in Engineering, just out of college Earn a Salary of $50,000/year Earn a Salary of $50,000/year Lives in the Pomona area Lives in the Pomona area Single Single

Scenarios Buying Vs. Leasing a Vehicle. BMW 3-Series 325Ci Convertible BMW 3-Series 325Ci Convertible Good Entry Level Sport Car Good Entry Level Sport Car Reliable Reliable Good Resale Value (approx. <= 70% ) Good Resale Value (approx. <= 70% ) Depending on the Used Cars Comfortable and Great Looking Car Comfortable and Great Looking Car What should he do?

Course of Action Buying: Buying: - 3 Year fixed APR loan - 3 Year Traditional Financing Leasing: Leasing: - 3 Year Terms - Service Plan

Resources ( Vehicles pricing, Tip and advising about lease vs. buy) ( Vehicles pricing, Tip and advising about lease vs. buy) ( vehicles about the chosen car) ( vehicles about the chosen car) Text Books Text Books Others later on Others later on