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To Buy or Not to Buy

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Charissa Johaneson

on 30 October 2013

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Transcript of To Buy or Not to Buy

To Buy or Not to Buy?
Comparing Ford Escape to GMC 2500
By Lucas Hamling, Maxwell Baumgartner, and Daniel Gao

Reasoning and Benifits of Purchasing 2006 Ford Escape
Vehicle Features
Vehicle Specifications
MPG 24 (22 in town, 26 on highway)
Mileage: 110,126
Body Style: SUV
Exterior Color: Silver
Stock #: 13003SA
VIN: 1FMCU93156KC12850
Fuel: Gasoline
Engine: 3.0L V6 24V MPFI DOHC
Transmission: 4-Speed Automatic
Drivetrain: 4WD
Doors: 4
Wheelbase: 103"
Price: $9,995
2000 GMC 2500
2006 Ford Escape XLT Sport
12.333 MPG
$407.02 per month on gas
200,000 miles
30 gallon tank
13 years old
Point Rear Seatbelts
4 Wheel Drive
5 Passenger Seating
Adjustable Head Rests
Air Conditioning
Airbag Deactivation
All Wheel Drive
Anti Theft/Security System
Anti-Lock Braking System (Abs)
Anti-Theft Device(S)
Beverage Holder (S)
Bucket Seats
Center Console
Child Safety Locks
Dual Air Bags
Eba Emergency Brake Asst
Ebd Electronic Brake Dist
Fog Lamps
Illuminated Entry System
Intermittent Wipers
Multi-Function Steering Wheel
Power Door Locks
Power Driver'S Seat
Power Mirrors
Power Outlet(S)
Privacy Glass
Reading Light(S)
Rear Window Defroster
Rear Window Wiper
Split Folding Rear Seat
Tilt Steering Wheel
Tire Pressure Monitor
Stephens Family Neccesary Features Checklist
The Correct Answer is "To Buy"
Family of 3, car seat friendly
at least 4 doors
Storage space
Within a couple hour range
4WD (snow friendly)
Stays within budget
not more than 7 years old
under 150,000 miles
good MPG
24 MPG (22 in the city and 26 on a highway)
$169 per month on gas.
110,000 miles
17 gallon tank
7 years old
2006 Ford Escape XLT Sport
Financing Calculator/ Monthly Payments and Interest
Monnthly Payments
The vehicle price is $9,995, when the GMC is traded in you can make a downpayment of $1,500. The remaining price ($8,495) can be paid for over 2, 3, 4, or 5 years. With a 2 year plan (and 5% interest), the monthly payment is $438 per month. With a 3 year plan, the monthly payment is $300 per month. With a 4 year plan the monthly payment is $230 per month, and with a five year plan the monthly payment is $189 per month.
Located at Flanagan Motors in Missoula MT. For More information, call 888-259-7392
or go to Cars.com
Do you save?
If you spend $169 on gas per month with the new vehicle, and sign up four a four year plan ($230 per month) you will spend $399 a month. Thats still $8 less than you were with the GMC. Also, when you finish paying off the new vehicle, you will save $238 every month!!! (407-169=$238). You could also do the five year plan, and save (169+189=358. 407-358=$49 every month while making payments.
Bottom line, the Ford Escape XLT sport is a reliable, well-made vehicle with exellent value. It fits all your standards and has many benificial features. It is in good condition, it's snow friendly, has excellent MPG, and is very affordable. Investing in this vehicle will not only make your life easier, but you will save hundreds and hundreds of dollars over the next few years. The decision is yours.
Note: we computed the gas mileage using the reciepts, and we checked the fuel economy online for this model
Interest(ing) Mathwork
How we found the gas mileage for the GMC.385+384+345=1114. About 1114 miles per month. 1114/(27.556+27.9406+28.662=84.1586)= 13.2369
Full transcript