2. Characteristics
When purchasing a vehicle, there are 5 factors
you need to keep in mind...
Gas Mileage
Safety
Reliability
Cost
Comfort
3. Costs
Besides the car itself, there are many other
costs that need to be considered such as...
Environmental Factors (Gas)
Insurance
Repair costs
Any desired upgrades
4. Financing
When financing a vehicle additional costs to
keep in mind...
Commission at Dealership
Warranty
Interest Rate
6. Accidents
When in an accident you
need to be sure to take the
following steps:
Exchange insurance
information
Call the police and await
their arrival
Give statement
Once free to go be sure
to contact both insurance
companies
8. Loan Rates
Bank of America offers loans for new vehicles
with an interest rate of 2.24% for a 60 month
loan and 2.34% for a 72 month loan
9. Loans
5 Year Loan
6 Year Loan
$410.85 per
month $347.17
Total cost: Total Cost: $24,996
$24,651
Interest: $1,694
Interest: $1,351
10. Other Financing
5 Year Loan
6 Year Loan
0% Interest:
$388.33 per 0% Interest:
month $323.61 per month
$3,500 back: $3,500 back:
$349.13 per $295.02 per month
month
Interest:
Interest: $1,441.44
$1,147.80
12. Toyota RAV4
Reliability: Minor issues such as
audio system problems
Safety: Tire pressure monitor,
front/passenger/side airbags, seat
belt anchors, emergency lock
retractors, child locks, beams for
side impact, collapsable steering
column, 3 point seat belts, front
crumple zone, engine immobilizer,
VSC, TRAC, ABS, EBD, BA, SST
Cost: $23,300
Gas Mileage: 24/31 MPG
Road tests: Poor bumper test
Comfort: Spacious
14. Jeep Wrangler
Reliability: Not good
Safety: Multistage front airbags,
side airbags, energy absorbing
steering wheel/column, rail tips for
low impacts, 3 point seat belts,
emergency brake systems
Cost: $30,595
Gas Mileage: 17/21 MPG
Road tests: Overcome obstacles,
poor handling
Comfort: Limited space, bumpy
ride
18. Smart Car Electric Drive
Reliability: Good as long as you
keep it charged
Safety: Don’t get hit, you will
probably die
Cost: $25,000
Gas Mileage: 122/93 eMPG
Repair Costs: Basically need a new
car
Road tests: Couldn’t Find
Comfort: No space
19. Toyota Corolla
Reliability: 5/5 Stars
Safety: 6 airbags, crumple zones,
collapsable steering column, active
front headrests, STAR safety
system
Cost: $16,230
Gas Mileage: 27/34 MPG
Road tests: Poor bumper
performance
Comfort: Spacious, smooth ride