Step 1: Use any internet resources you would like
in addition to the "HELPFUL LINKS" provided to gather the following information about a new car as well as a used car.
Keep track of this information in your notebook because you will need it later.
BASE PRICE OF THE CAR:
________________________________
SOURCE OF INFORMATION
(Manufacturer's Website):
________________________________
KELLY BLUE BOOK VALUE: http://www.kbb.com
__________________________________
MANUFACTURER’S RETAL PRICE (MSRP):
_________________________________
***Please be specific. List any "extras" you choose to add to your car
under "OPTIONAL PACKAGES AND EXTRAS". Also if anything you choose does not come standard with the vehicle please list
how much you are being charged extra for that item/choice in the "Additional Cost" column.
NOTE:
You will use the same information that you gathered about the "New Car" for the "Leased Car" as well.
This will allow you to compare the difference in price between buying a car and leasing the same car.
Step
2: After you have researched your car, go to "INSURANCE QUOTES" tab at the left and follow the given directions
to calculate an insurance quote for all 3 cars.
Step 3: After you get your insurance
quote, go to "FINANCING AND LEASING" tab at the left and follow the given directions to calculate your lease risidual
as well as some other needed finance information.
Step 4: Print out the project packet.
Step
5: Use all of the information you collected to neatly complete the charts provided, perform some calculations and
answer any additional questions shown.
Step 6: Staple all of the pages together
and return to me by the designated due date to be evaluated.