Obtain the necessary data and perform two 2 actual

Reference no: EM13599300

Obtain the necessary data and perform two { 2 } ACTUAL comparisons. Use REAL and current data and information from 2 separate and distinct automobile dealerships selling new automobiles. You may use data from the same or different brands of automobiles ... but there must be 2 different and distinct auto dealerships. One bank may be used for all comparisons. This relates to the purchase or lease of a NEW vehicle ONLY.

For each comparison: After your analysis as specified below, conclude for each of the 2 potential 'lease vs. purchase' transactions which is a better deal and THOROUGHLY explain WHY.

Obtain the complete lease data {including the true/real ‘A.P.R.' used in the lease} and compare to a bank loan with the same approximate up-front $$ required to 'drive away' with the automobile.

Use the SAME TERM for the leases and bank loans >>> such as 3, 4, or 5 years for both leases and loans. Each comparison may have a different term. Ignore the price of the ‘tags' / license plates.

Keep in mind that sales tax for a leased vehicle is usually paid monthly with the lease payment.

Keep in mind that leases are paid on day 1 of a period and bank loan payments are due at the end of each period.

Keep in mind the Lease insurance requirements, which may be more expensive than that required by a bank.

Students outside of the United States {50 states} contact me for an alternative.

Grade Point value >>> 25 potential points to be added to the Week / module 8 Assignments grade. Partial credit is available - if 2 complete comparisons and analyses are made. {No credit if only one comparison is completed.}

All information MUST be able to be verified / corroborated at the dealerships and banks listed.

It is not necessary to display calc.'s.This is NOT an exercise in doing calc.'s; it is a real world financial scenario and analysis. Your grade will depend 85 % on your analysis and reasoning ... ANY calc.'s will earn NO more than 5 % of the possible credit { 5 % x 25 pts. > 1.25 pts. }. The remaining 10 % of the grade { 2.5 pts. } will be based on format, presentation { N.B. > wide margins and large fonts = poor format}Between 2 and 10 or 12 {total} typewritten pages are expected for a thorough and serious effort.

Reference no: EM13599300

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