Download presentation
Presentation is loading. Please wait.
Published byAntony Jackson Modified over 9 years ago
1
My Car Mr Flannery
2
The Price of a new car Prius 1Prius 2Prius 3Prius 4Prius 5 1.8L 4-cyl. hybrid engine Continuously variable transmission Up to 51 cty/48 hwy mpg MP3 Player Bluetooth Side/Curtain Airbags MP3 Player Stability Control Satellite radio Traction Control Side/Curtain Airbags Satellite radio (Optional)Bluetooth (Optional) Stability Control Satellite radio (OptionalTraction Control Navigation System (Optional) iPod input (Optional) $21,650$23,050 $24,050$26,850$28,320
3
MSRP versus invoice InvoiceMSRPDifference $20,567$21,650$1,083 $21,667$23,050$1,383 $22,389$24,050$1,661 $24,994$26,850$1,856 $26,362$28,320$1,958
4
Option details
6
Auto in Inventory
7
Used Options
8
My Choice Consumer Guide information
9
Recommendations for used
10
How does mileage impact used car prices with 21200 and 100000
11
My final price estimate Discounted price $23,900 Trade in allowance (500) Sales tax (7.75%) $1,852 Estimated Price $25,252
12
Financing Monthly payments depend on the duration of the loan and interest rate. Typical durations 24,35,48,60 months Todays rates 3% to 5% Our handouts limit us to 6% to 10% so for example purposes I will use these rates
13
Monthly Payments $25,500 6%8% 4 years598.87622.53 5 years492.99517.05 4 years2874629881 5 years2957931023
14
Monthly Payments $25,500 4%5% 4 years577.75587.22 5 years469.62481.22 4 years2773228186 5 years2817728873
15
Operating costs Registration and license fees --assume $100 yearly Gasoline costs assumes 12000 miles per year – 6000 highway 6000 city – Mileage rates are 51miles/gal city 48 miles/gal hw – Assume gasoline is 4$/gal Yearly highway gas costs $471 Yearly city gas costs $500
16
Operating costs Oil changes every 3000 miles – Cost $25 4 times per year $100 Tires every 40,000 – Assume tires are 150/each $600 in 4-5years One battery every 3 years – Assume battery costs $200
17
Operating costs
19
Insurance costs $900 yearly – Detail is on previous page
23
References www.edmunds.com http://www.toyota.com http://auto.howstuffworks.com/buying-selling/car- buying.htm http://auto.howstuffworks.com/buying-selling/car- buying.htm http://consumerguideauto.howstuffworks.com/ www.kbb.com Igoogle loan calculator http://www.ncdot.org/dmv/vehicle_services/registrationtitlin g/howtoregister.html#Step 3 http://www.geico.com/landingpage/go168.htm?soa=36927
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.