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Team 3 Brian Calvendra Ryan Ketchum Jess Mcraney Sean Duque.

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Presentation on theme: "Team 3 Brian Calvendra Ryan Ketchum Jess Mcraney Sean Duque."— Presentation transcript:

1 Team 3 Brian Calvendra Ryan Ketchum Jess Mcraney Sean Duque

2  Determine travel costs during retirement for a Chevy Tahoe while staying in 4 star hotel  Determine travel costs during retirement for a Sportscoach Cross Country  Compare the two scenarios and provide analysis on which is the better option

3  Credit Score —> APR  Insurance  Maintenance  Gas Inflation  Miles Driven  Times Traveled/Year  Hotel Price/Night (SUV)  KOA Price/Night (RV)

4 2009 Sportscoach Cross Country MSRP$120,000 APR7% n (years)20 Down Payment10% Insurance ($/yr)$800 MPG5 Diesel ($/gal.)$3.75 Miles/Trip1500 Maintenance ($/yr)$1700

5 2009 Chevy Tahoe MSRP$38,000 APR5% n (years)5 Down Payment10% Insurance ($/yr)$600 MPG18 Diesel ($/gal.)$3.50 Miles/Trip1800 Maintenance ($/yr)$1200

6  Chevy Tahoe ◦ 20 Year useful life ◦ $300/night ◦ Total: $275,723.63  RV ◦ 20 year useful life ◦ $40/night ◦ Total: $330,546.58

7  Chevy Tahoe ◦ 11 Year useful life ◦ $2000 salvage value ◦ $300/night ◦ Total: $316,847.27  RV ◦ 20 year useful life ◦ $40/night ◦ Total: $330,546.58

8  Chevy Tahoe ◦ 8 Year useful life ◦ $6000 salvage value ◦ $275/night ◦ Total: $328,346.17  RV ◦ 20 year useful life ◦ $40/night ◦ Total: $330,546.58

9  Chevy Tahoe ◦ 11 Year useful life ◦ $2000 salvage value ◦ $275/night ◦ Total: $302,847.27  RV ◦ 20 year useful life ◦ $0/night ◦ Total: $308,146.58

10  Chevy Tahoe ◦ 8 Year useful life ◦ $6000 salvage value ◦ $300/night ◦ Total: $342,346.17  RV ◦ 20 year useful life ◦ $0/night ◦ Total: $308,146.58

11  Traveling by SUV and living in hotel is slightly preferred overall…  BUT! With some adjustments, traveling by RV is a possibility.

12  All-State Insurance  http://www.fueleconomy.gov/ http://www.fueleconomy.gov/  https://koa.com/ https://koa.com/  http://tripadvisor.com http://tripadvisor.com  http://www.chevrolet.com/tahoe/ http://www.chevrolet.com/tahoe/  http://www.sportscoachrv.com/ http://www.sportscoachrv.com/  http://www.rvsearch.com/ http://www.rvsearch.com/  http://www.kellybluebook.com/ http://www.kellybluebook.com/


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