EGR 403 Project Proposal Team 5 Jon DeVera Jonathan Fiello Keung Dao Daniel Huoth Anh Le.

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Presentation transcript:

EGR 403 Project Proposal Team 5 Jon DeVera Jonathan Fiello Keung Dao Daniel Huoth Anh Le

Scenario Planning for retirement Age: 25 Sex: Male Future Marital Status: Only Wife; kids fend for themselves. Present Occupation: engineer Salary: $50,000

Summary Age: Motor Home Savings plan Annual cost One time cost Boat Savings Plan Annual cost One time cost

Boat vs. Motor Home  ONE TIME…  Cost of ownership  ANNUAL COST  Cost of living  Depreciation  Maintenance  Insurance/License  Savings Plan  If not savings then Loan Rate

2004 BayLiner 305  MSRP: $163,713  Full Options  Mercruiser D4.2L (Twin 225 HP)  Length: 31'6" (9.60 m)  Fuel Capacity: 148 gal (560 L)

Motor home  2004 Monaco Diplomate Motorhome  40' length  Class A  Diesel fuel  Price: $202,507