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EGR 403 - Economic Analysis

EGR 403 - Economic Analysis. Equipment Comparison Honda Accord vs. Toyota Prius. Team 3: Group Members. Lester Oestreich – Leader Jane Veerachanavirut - Organizer Richard Do – Technie Carlos Ruiz - Summarizer Peter Jo – Summarizer. Objective.

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EGR 403 - Economic Analysis

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  1. EGR 403 - Economic Analysis Equipment Comparison Honda Accord vs. Toyota Prius

  2. Team 3: Group Members • Lester Oestreich– Leader • Jane Veerachanavirut - Organizer • Richard Do – Technie • Carlos Ruiz- Summarizer • Peter Jo– Summarizer

  3. Objective • Longterm economic comparison of a super low emission vehicle (Honda Accord) versus • Buying a hybrid vehicle (Toyota Prius) to determine which is the better buy

  4. Honda Accord vs. Toyota Prius Honda Accord LX2005 2004 & 2005

  5. Purchase Price Cost of Ownership Gas Insurance Maintenance Areas of Interest

  6. Parameters/Assumptions • 5 year ownership of vehicle • Male or Female • College Graduate • Age 25 • Resident of Pomona, CA • Single

  7. Vehicle #1 - Honda Accord • Statistic from research

  8. Vehicle #2 - Toyota Prius • Statistic from research

  9. Action Items/Research • Contact Dealers for Information • Contact Insurance Companies • Research consumer vehicle reviews for longterm gas mileage, maintenance…

  10. References: Any references used to create the proposal

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