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Buying a Car

When purchasing a car, consider several key factors that affect overall costs, such as initial price, fuel efficiency (MPG), and gas prices. By employing a straightforward formula, you can estimate total expenses over a specific mileage. For example, comparing an Acura RSX and a BMW 325i over 80,000 miles reveals significant price differences based on their MPG and current gas prices. High MPG can lead to substantial savings, especially with rising fuel costs. Assessing these variables is crucial to determine which vehicle offers the best value for your investment.

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Buying a Car

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  1. Buying a Car “Which car is the best buy?”

  2. When buying a car there are some variables to consider regarding the price. • These variables include: • Cost of initial car. • Miles per gallon (MPG). • Price of gasoline.

  3. “It all adds up” • Formula for the price of a car • Given • Miles traveled a; • Approx. price per gallon b ; • Variables; • Price of car x; • Miles per gallon y; Outcome: With the given price per gallon “b” one could determine how much the total car would cost after “a” amount of miles driven.

  4. Formulas x + (b(a/y)) = z (Initial Price of Car) + (Approx. Gas Price)*((Miles Driven)/(Miles Per Gallon)) = (Total price of Car)

  5. Comparison Miles traveled 80,000 Approx. Gas price 2.80 After 80,000 miles which car is a better buy? To check the validity of the information click on the car name

  6. Acura RSX –S 23,000 + (2.80)*((80,000/23)) 33,178 BMW 325i 30,900 + (2.80)*((80,000/26)) 39,515 The Breakdown

  7. Conquering Hero

  8. Conclusion • With the rise in gas prices it is important to note the Miles Per Gallon (MPG) the car gets. • If the gas price was much higher in our previous example the better buy would be the BMW because it has a higher MPG average.

  9. This presentation was created by Ryan Block Email: blockerzz23@yahoo.com

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