Buying a Car

“Which car is the best buy?”

When buying a car there are some variables to consider regarding the

price.

• These variables include:

• Cost of initial car.• Miles per gallon

(MPG).• Price of gasoline.

“It all adds up”

• Formula for the price of a car • Given

– Miles traveled a;– Approx. price per gallon b ;

• Variables;– Price of car x;– Miles per gallon y;

Outcome: With the given price per gallon “b” one could determine how much the total car would cost after “a” amount of miles driven.

Formulas

(Initial Price of Car) + (Approx. Gas Price)*((Miles Driven)/(Miles Per Gallon)) = (Total price of Car)

Comparison

BMW 325i

26 MPG $30,900 80,000 Miles 2.80 Per Gallon

Acura RSX-S

24 MPG $23,845 80,000 Miles 2.80 Per Gallon

Miles traveled 80,000 Approx. Gas price 2.80

After 80,000 miles which car is a better buy?

To check the validity of the information click on the car name

The Breakdown

• Acura RSX –S

• 23,000 + (2.80)*((80,000/23))» 33,178

• BMW 325i

• 30,900 + (2.80)*((80,000/26))» 39,515

Conclusion

• With the rise in gas prices it is important to note the Miles Per Gallon (MPG) the car gets.

• If the gas price was much higher in our previous example the better buy would be the BMW because it has a higher MPG average.

This presentation was created by Ryan Block

Email: blockerzz23@yahoo.com