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Team 2

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  • pg 1
									     Team 2
Vinh Thu Lieu – Organizer
   Qi Xu – Summarizer
Manuel Gutierrez – Techie
             Project Type
n Planning  to buy or lease a car
n 22 year old Male
n B.S in Engineering, just out of college
n Earn a Salary of $50,000/year
n Lives in the Pomona area
n Single
                            Scenarios
     Buying Vs. Leasing a Vehicle.

n   BMW 3-Series 325Ci Convertible
     n Good Entry Level Sport Car
     n Reliable
     n Good Resale Value (approx. <= 70% )
       Depending on the Used Cars
     n Comfortable and Great Looking Car




                    What should he do?
              Course of Action
n   Buying:
    - 3 Year fixed APR loan
    - 3 Year Traditional Financing
n   Leasing:
    - 3 Year Terms
    - Service Plan
                  Resources
n   http://www.nada.com/ ( Vehicles pricing, Tip
    and advising about lease vs. buy)
n   www.bmwusa.com ( vehicles about the chosen
    car)
n   Text Books
n   Others later on

								
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