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Car Comparison Project By Stan Back Algebra One Ms. Hardy
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Which Car is a better value overall? A foreign make SUV or a domestic make SUV?
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Toyota Highlander SUV new priced at $32,476
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Dodge Durango SUV new priced at $45,871
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The Dodge is more expensive as a new vehicle – does that mean it is a better quality SUV and thus a better value? Or is the Toyota a better value because it is less expensive?
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Let’s look at the data YearToyota Highlander SUV Dodge Durango SUV New 1 2 3 4 5 6
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What does this data tell us? Let’s look at graphs of the data.
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The Value of Dodge Durango SUV over time Age of car in years Value of Car in dollars
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The Value of Toyota Highlander SUV over time Age of car in years Value of Car in dollars
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Both cars depreciate in value. What does that look like mathematically? Let’s look at the exponential decay equations that describe the depreciation.
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Depreciation Function Equations Dodge Durango SUV F(x) = a (b) x Toyota Highlander SUV F(x) = a (b) x
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What do those equations tell us?
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Depreciation Rates Dodge Durango SUV Toyota Highlander SUV
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What do the depreciation rates tell us?
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When do the two cars have the same value?
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When do the cars have the same value? Age of car in years Value of Car in dollars x = 7.5958065 y = 14588.323
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What other factors can we consider when comparing which car is the better value?
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Conclusion Here you use FACTS that you collected to decide which is a better value and why. Use those facts in justifying WHY.
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