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Group 3. Members  Chandler Hwe – Research Dealer Maintenance Costs  Michael Relich – Research Third Party Maintenance Costs.

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Presentation on theme: "Group 3. Members  Chandler Hwe – Research Dealer Maintenance Costs  Michael Relich – Research Third Party Maintenance Costs."— Presentation transcript:

1 Group 3

2 Members  Chandler Hwe – Research Dealer Maintenance Costs  Michael Relich – Research Third Party Maintenance Costs

3 Honda Fit vs Toyota Yaris  What vehicle is more economical to own?  Assumptions: Base model with the exception of certain options added to make cars more comparable in features. 15,000 miles per year. 40% City, 60% Highway 5 Years of Ownership Loan Terms are the same Taxes and Fees included in loan Dealership performs all maintenance

4 Variables  Loan Payments (based on cost of car)  Salvage Value  Maintenance Costs  Fuel Costs

5 Resources  Kelly Blue Book  Honda (Website and Local Dealership)  Toyota (Website and Local Dealership)  Edmunds


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