My Car
Mr Flannery
The Price of a new carPrius 1 Prius 2 Prius 3 Prius 4 Prius 5
1.8L 4-cyl. hybrid engine
1.8L 4-cyl. hybrid engine
1.8L 4-cyl. hybrid engine
1.8L 4-cyl. hybrid engine
1.8L 4-cyl. hybrid engine
Continuously variable transmission
Continuously variable transmission
Continuously variable transmission
Continuously variable transmission
Continuously variable transmission
Up to 51 cty/48 hwy mpg
Up to 51 cty/48 hwy mpg
Up to 51 cty/48 hwy mpg
Up to 51 cty/48 hwy mpg
Up to 51 cty/48 hwy mpg
MP3 Player MP3 Player Bluetooth Bluetooth Bluetooth
Side/Curtain Airbags Side/Curtain Airbags MP3 Player MP3 Player MP3 Player
Stability Control Stability Control Satellite radio Satellite radio Satellite radio
Traction Control Traction Control Side/Curtain Airbags Side/Curtain Airbags Side/Curtain Airbags
Satellite radio (Optional) Bluetooth (Optional) Stability Control Stability Control Stability Control
Satellite radio (Optional Traction Control Traction Control Traction Control
Navigation System (Optional)
Navigation System (Optional)
Navigation System (Optional)
iPod input (Optional) iPod input (Optional) iPod input (Optional)
$21,650 $23,050 $24,050 $26,850 $28,320
MSRP versus invoiceInvoice MSRP Difference
$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
Option details
Auto in Inventory
Used Options
My ChoiceConsumer Guide information
Recommendations for used
How does mileage impact used car prices with 21200 and 100000
My final price estimate
• Discounted price $23,900• Trade in allowance (500)• Sales tax (7.75%) $1,852• Estimated Price $25,252
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
Monthly Payments$25,500
6% 8%
4 years 598.87 622.53
5 years 492.99 517.05
4 years 28746 29881
5 years 29579 31023
Monthly Payments$25,500
4% 5%
4 years 577.75 587.22
5 years 469.62 481.22
4 years 27732 28186
5 years 28177 28873
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
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
Operating costs
Operating costs
• Insurance costs $900 yearly– Detail is on previous page
References
• www.edmunds.com• http://www.toyota.com• http://auto.howstuffworks.com/buying-selling/car-buying.ht
m• http://consumerguideauto.howstuffworks.com/• www.kbb.com• Igoogle loan calculator• http://www.ncdot.org/dmv/vehicle_services/
registrationtitling/howtoregister.html#Step 3• http://www.geico.com/landingpage/go168.htm?soa=36927