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The Best Car Deal

Published on Mar 15, 2016

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PRESENTATION OUTLINE

The Best Car Deal

BY SANJANA K. AND BRIAN P.

which of these car's are a better deal?

  • Ford Fusion
  • Toyota Corolla
  • Escape Hybrid
  • Acura TSX

Ford Fusion

  • The value of this model car decreases at the rate of %44
  • The car's value in 2015 will estimated to be $19403
  • Demonstrated by the equation 19138.05(.56)^x

FORD FUSION YEARLY RATE

  • 2015-2014 decrease %17
  • 2014-2013 decrease %8.5
  • 2013-2012 decrease %17
  • 2012-2011 decrease %13
  • 2011-2010 decrease %13.5

ACURA TSX

  • Decreases at average rate of %12
  • The 2015 value for this car is $27353
  • 27755.42(.88^x)

Acura TXS

  • 2015-2014 decrease %10.7
  • 2014-2013 decrease %9.8
  • 2013-2012 decrease %12.8
  • 2012-2011 decrease %11
  • 2011-2010 decrease %12

ESCAPE HYBRID

  • Decreases at a rate of %2
  • 2015 value will be $19302
  • 18791.79(.98^x)

ESCAPE HYBRID

  • 2015-2014 decreases %7.4
  • 2014-201decreases %8
  • 2013-2012 increases %24.7
  • 2012-2011 decreases %10.3
  • 2011-2010 decreases %4.9

TOYOTA COROLLA

  • Decreases at an average rate of %7
  • Its 2015 value is expected to be $16589
  • 16122.15(.93^x)

TOYOTA COROLLA

  • 2015-2014 decreases %6.5
  • 2014-2013 decreases %12
  • 2013-2012 decreases %5.2
  • 2012-2011 decreases %6.7
  • 2011-2010 decreases %3.5

The price of each year for each car is demonstrated by the graph




Toyota corolla
2010 $11,647
2011 $12070
2012 $ 12932
2013 $13639
2014 $15504
2015 $16608

Escape Hybrid
2010 $17618
2011 $18524
2012 $20661
2013 $16440
2014 $17873
2015 $19376

Acura TSX
2010 $15125
2011 $17031
2012 $19194
2013 $22027
2014 $24423
2015 $27420

Ford Fusion
2010 $9211
2011 $10649
2012 $12248
2013 $14807
2014 $16195
2015 $19492

X-axis represents the age of the car, and Y-axis represents cost of the car.

The best car to purchase would be Acura TSX because it decreases at a the most constant rate out of the four cars so you can determine the value later on without any surprises.

This way your car won't reduce dramatically after buying the car and you can expect your car to reduce around %12 percent every year.