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EGR 403 Project Proposal

Analyzing the cost of ownership, annual expenses, and savings plan considerations for a 2004 BayLiner 305 boat and a 2004 Monaco Diplomate Class A Motorhome, in order to make an informed decision for retirement.

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EGR 403 Project Proposal

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  1. EGR 403Project Proposal Team 5 Jon DeVera Jonathan Fiello Keung Dao Daniel Huoth Anh Le

  2. Scenario Planning for retirement Age: 25 Sex: Male Future Marital Status: Only Wife; kids fend for themselves. Present Occupation: engineer Salary: $50,000

  3. Summary

  4. ONE TIME… Cost of ownership ANNUAL COST Cost of living Depreciation Maintenance Insurance/License Savings Plan If not savings then Loan Rate Boat vs. Motor Home

  5. 2004 BayLiner 305 • MSRP: $163,713 • Full Options • Mercruiser D4.2L (Twin 225 HP) • Length: 31'6" (9.60 m) • Fuel Capacity: 148 gal (560 L)

  6. 2004 Monaco Diplomate Motorhome 40' length Class A Diesel fuel Price: $202,507 Motor home

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