Grant Yost

NEEDS  Four door  Automatic transition  Air conditioning  Safe  Good gas millage  Luggage space  Defrosters  Anti-lock breaks (If living in Wisconsin)  Powered door locks WANTS  Black or dark blue color  Sport wheels  6-disk CD changer  Powerful engine  Sport car  Sun roof/moon roof  Heated leather seats

2011 Lexus IS 250  15% of my yearly income is $7,  $7, is equal to $ a month  Leasing this car is only $400/month  The leasing transfer fee is $200 dollars (Down payment)  Over one year I will only be spending $5000  Ill be saving $2, a year I could be spending towards my budget of transportation.

Gas Costs Highway : 26 MPG City : 18 MPG Average Miles/Year for year old male: 17,976 17,976÷12= 1,498 miles/month (assuming half and half for highway and city miles)( 26+18)÷2= 22 MPG 1,498÷22= 68 Gallons a month. 68G×$3.88= $264 a month V6 engine

Maintenance With the lease vehicle is under factory warranty. Already paid for.

PERFORMANCE  The IS 250 is swiftly propelled by a 2.5-liter V6, providing 204 horsepower SAFETY  Anti-lock Braking System  All IS models are built with side- impact door beams to help protect occupants during side collisions. In addition, the front and rear of the vehicle are engineered to crumple at a controlled rate to help absorb energy and manage the impact forces on the driver and passengers.

 Sporty black rims  Bluetooth phone technology  Touch screen deck  Heated seats  Sunroof  Pioneer audio speakers  6-disk changer

NEW  Recently many people have considered new cars much safer than older ones as brand new vehicles are provided with more contemporary safety features. USED  If you buy a new car, sat at the wheel, driven off and immediately your car changes its status from “brand new” to “second hand”. This means that its price becomes lower immediately after you have purchased it. Within 3 years an absolutely new car loses around 40% of its value. This is an average indicator & some cars can keep their starting value within rather a long period of time. In most cases a person selling you a used car looses much more that you who is buying it. Leasing When you lease, you pay only a portion of a vehicle's cost, which is the part that you "use up" during the time you're driving it. In my opinion leasing is a better option especially when your only planning on having the car for a certain amount of time.

COSTS  Pay in Full $ (for 6 months)  Pay monthly $  I would pay in full because that way I would save $ instead of paying monthly TYPES OF INSURANCE Coverage's  Medical Payments  Uninsured Motorist Bodily injury  Underinsured Motorist Bodily Injury  Rental loss damage waiver  Accidental Death Coverage Your vehicle coverage  Comprehensive  Collision  Security Advantage  Extended Transportation  New car replacement  Personal Effects

CoverageIncludedCosts Medical payments$10, Uninsured motorist bodily Injury $100,000 to $300, Underinsured Motorist Bodily Injury $100,000 to $300, Rental loss damage waiverNo Coverage0.00 Accidental Death CoverageNo Coverage0.00 Comprehensive$500 Deductible Collision$500 Deductible Security Advantage$75Included Extended Transportation$30/day/$900 MaxIncluded New car replacementNo Coverage0.00 Personal EffectsNo Coverage0.00

 cars/lexus/is/2011/pricing- report?id=353580&r= cars/lexus/is/2011/pricing- report?id=353580&r=

 All wants in I listed previously are included with this 2011 Lexus IS 250.  After 2 years I would most likely get new tires.

 For this assignment leasing the car is the best option. Because in this project we don’t take into consideration of how much we will sell it for.  All costs for the car including gas, insurance, new tires, and the transaction fee still has me below 8,000 dollars a year