Vehicle+Assignment

**__CAR 1__**



**Make – Ford**

**Model – Mustang**

**Year – 1994**

**Cost – $7, 995**

**Total cost (+ taxes) – $8, 394.75**

**Standard features –**


 * Air bags
 * Seat Belts
 * Headrests
 * Trunk space
 * Windows
 * Tires
 * Backseats
 * 2-door

**Optional features –**

· AM/FM Radio

· Air Conditioning

· Anti-Lock Brakes (ABS)

· CD Player

· Cruise Control

· Power Locks

· Power Mirrors

· Power Seats

· Power Steering

· Power Windows

· Spoiler

· Sunroof / Moon roof

· Tilt / Telescopic Wheel

**Criteria list rating – 7/10**

**__CAR 2__**



**Make – Ford**

**Model – Focus**

**Year – 2007**

**Cost – $11, 995**

**Total cost (+ taxes) – $12, 594**

**Standard features –**


 * Air bags
 * Seat Belts
 * Headrests
 * Trunk space
 * Windows
 * Tires
 * Backseats

**Optional features –**

· Air Conditioning

· Alloy Wheels

· Cruise Control

· Heated seats

· Power Locks

· Power Mirrors

· Power Steering

· Power Windows

· Remote Keyless Entry

· Sunroof / Moon roof

· Tilt / Telescopic Wheel

**Criteria list rating – 7/10**

**__CAR 3__**



**Make – Toyota**

**Model – Prius**

**Year – 2011**

**Cost – $27, 800**

**Total cost (+ taxes) – $30, 580**

**Standard features –**


 * Front Seat: Bucket Seats
 * Driver Seat Adjustments: Fore/Aft, Recline, Cushion Height
 * Passenger Seat Adjustments: Fore/Aft, Recline
 * Rear Seat Adjustments: Foldable Headrests, Fold Down (60/40), Fold Down Centre Armrest
 * Fabric Seats
 * Chrome Inner Door Handles
 * 4-Spoke Tilt and Telescopic Steering Wheel, Touch Tracer Steering Wheel Controls
 * Automatic Temperature Control, Cabin Air Filter, Rear Seat Heater Ducts
 * AM/FM/CD/MP3/WMA, Audio Auxiliary Input Jack, XM Satellite Ready Antenna with Prewire, 6 Speakers, Roof Mounted Antenna
 * Illuminated Entry, Key Lockout Protection
 * Push Button Start
 * Smart Key System
 * Cruise Control
 * Retained Accessory Power, 12Volt Accessory Power Outlet
 * Instrumentation: Multi Information Display, Outside Temperature Gauge, Dual Trip Odometer, Eco Drive Monitor
 * Power Door Locks, Power Windows with Auto Up/Down for All Windows
 * Dual Illuminated Vanity Mirrors
 * Side Window Defoggers
 * Electric Rear Window Defroster with Timer
 * UV Glass Protection, High Solar Energy Absorbing Window Glass
 * Carpeted Cargo Area, Tonneau Cover
 * Carpeting, Carpet Floor Mats
 * Centre Console Lower Storage Bin, Centre Console Box with Armrest, Console Box (Overhead), Upper and Lower Glove Box
 * Cargo Lamp, Map Lamps
 * Cargo Area Side and Under Cargo Area Storage Compartments
 * Digital Clock
 * Front and Rear Cup Holders
 * Door Map Pockets

**Optional features –**


 * Leather Seat Surfaces, Heated Front Seats, Driver Seat Lumbar Support
 * Leather Wrapped Steering Wheel
 * Remote Air Conditioning
 * JBL Audio, Bluetooth Capability, Integrated XM Satellite Radio, 4-disc CD Changer, 8 Speakers
 * JBL Audio, Bluetooth Capability, Integrated XM Satellite Radio, 4-disc CD Changer, 8 Speakers
 * Intelligent Parking Assist
 * Front Illuminated Doorsill Trim
 * Dynamic Radar Cruise Control, Pre-collision System
 * Voice-Activated DVD Navigation System
 * Integrated Garage Door Opener
 * Auto-dimming Rear View Mirror With Integrated Backup Camera
 * Backup Camera In Navigation Display
 * Auto-dimming Rear View Mirror
 * Driver and Passenger Footwell Lamp

**Criteria list rating – 6/10**

**__CAR 4__**



**Make – Toyota**

**Model – Highlander**

**Year – 2011**

**Cost – (Sport package) $39, 900**

**Total cost (+ taxes) – $43, 890**

**Standard features –**


 * Front Seat: Bucket Seats
 * Driver Seat Adjustments: Manual 8-way Adjustable, Lumbar Support, Recline, Cushion Height, Fore/Aft
 * Driver Seat Adjustments: Power 8-way Adjustable, Recline, Cushion Height, Fore/Aft, Lumbar Support
 * Driver Seat Adjustments: Power 10-way Adjustable, Recline, Cushion Height, Fore/Aft, Lumbar Support, Thigh Support
 * Passenger Seat Adjustments: Manual 4-way Adjustable, Recline, Fore/Aft
 * Passenger Seat Adjustments: Power 4-way Adjustable, Recline, Fore/Aft
 * Passenger Seat Adjustments: Recline, Fore/Aft
 * Passenger Seat Adjustments: Power 4-way Adjustable
 * Middle Seat Adjustments: Recline, Foldable Armrest, Slide, Removable Centre Stow Seat/Console, 40/20/40 Split
 * Rear Seat Type: 3rd Row Seats
 * Rear Seat Adjustments: 50/50 Split Rear Bench Seat, Flat Folding, Remote Release in Cargo Area
 * Fabric Seats
 * Premium Cloth Seats
 * Easy Clean Fabric
 * Perforated Leather Seat Surfaces
 * Fabric Door Trim
 * Simulated Leather Door Trim
 * Wood grain Trim
 * Chrome Inner Door Handles
 * Tilt & Telescopic Steering Wheel
 * Tilt & Telescopic Steering Wheel, Steering Wheel Audio Controls
 * Tilt & Telescopic Steering Wheel, Steering Wheel Audio and HVAC Controls
 * Urethane Steering Wheel

· Air Conditioning, Cabin Air Filter, Rear Seat Heater Ducts, 3-Zone Independent Manual Climate Control


 * Cabin Air Filter
 * Rear Seat Heater Ducts
 * AM/FM Stereo Compact Disc, MP3/WMA Capability, Auxiliary Input Jack, XM Satellite Ready Antenna With Prewire, 6 Speakers, Antenna Pole, Satellite Roof Mounted Fin Antenna
 * AM/FM Stereo Compact Disc, MP3/WMA Capability, Auxiliary Input Jack, USB Input, Bluetooth Capability, Integrated XM Satellite Radio, 6 Speakers, Diversity Antenna, Satellite Roof Mounted Fin Antenna
 * Premium JBL Audio, AM/FM Stereo, 4-Disc CD Changer, MP3/WMA Capability, Auxiliary Input Jack, USB Input, Bluetooth Capability, Integrated XM Satellite Radio, 9 Speakers, Diversity Antenna, Satellite Roof Mounted Fin Antenna
 * AM/FM Stereo Compact Disc, MP3/WMA Audio Capability, Auxiliary Input Jack, USB Input, Bluetooth Capability, Integrated XM Satellite Radio, 6 Speakers, Satellite Roof Mounted Fin Antenna
 * JBL Audio, 4-Disc CD Changer, MP3/WMA Capability, Auxiliary Input Jack, USB Audio Input, Bluetooth Capability, Integrated XM Satellite Radio, 9 Speakers, Satellite Roof Mounted Fin Antenna
 * Keyless Entry
 * Power Rear Door with Jam Protection
 * Keyless Entry with Hatch Release, Power Rear Door with Jam Protection
 * Smart Key System, Push Button Start
 * Power Door Locks
 * Voice-activated DVD Navigation System
 * 3.5-inch Multi Information Display
 * Backup Camera
 * Backup Camera in Navigation Display
 * Instrumentation: Optitron Instrumentation Gauges, Tachometer, Dual Trip Odometer, Water Temperature Gauge
 * Instrumentation: Optitron Instrumentation Gauges, Tachometer, Dual Trip Odometer, Water Temperature Gauge, Outside Temperature Gauge, 3.5-inch Multi Information Display
 * Instrumentation: Optitron Instrumentation Gauges, Tachometer, Dual Trip Odometer, Water Temperature Gauge, Outside Temperature Gauge, 3.5-inch Multi Information Display, Kilowatt Power Meter
 * Cruise Control
 * Dual Vanity Mirrors, Conversation Mirror
 * Electro chromic Rear View Mirror with Digital Compass, Dual Vanity Mirrors, Conversation Mirror
 * Electro chromic Rear View Mirror, Dual Illuminated Vanity Mirrors, Conversation Mirror
 * Rear Privacy Glass
 * High Solar Energy Absorbing Window Glass
 * Power Windows with Driver Side Auto Up / Down
 * Electric Rear Window Defroster with Timer
 * Tonneau Cover
 * Flip-Up Rear Hatch Glass
 * Front Centre Console Box, Front Seat Back Pockets
 * Door Courtesy Lamps, Cargo Lamp
 * Door Courtesy Lamps, Map Lamps
 * Illuminated Entry
 * Illuminated Entry with Fadeout-
 * Scuff Plates
 * Carpeting, Carpet Floor Mats
 * Overhead Sunglass Storage, Front and Rear Cup Holders, Door Map Pockets
 * 12Volt Accessory Power Outlet, Retained Accessory Power
 * Cargo Area Tie-Down Rings, Under Cargo Area Storage Compartments
 * Cargo Area Tie-Down Rings, Shopping Bag Hooks
 * Coat Hooks
 * Digital Clock
 * Overhead Sunglass Storage
 * Front & Rear Cup Holders
 * Door Map Pockets

**Optional features –**


 * Front Seat: Heated Seats
 * Leather Seat Surfaces
 * Leather Wrapped Steering Wheel and Shift Knob
 * Air Conditioning, Cabin Air Filter, Rear Seat Heater Ducts, 3-Zone Independent Automatic Climate Control
 * Integrated Garage Door Opener

**Criteria list rating – 9/10**

**Criteria List**


 * Air bags
 * Seat belts
 * Roll down windows
 * Headrests
 * DVD player
 * Cup holders
 * Backseats
 * Trunk space
 * Seat pockets
 * Leather seats
 * Windshield wipers
 * (4 door)
 * Keyless entry
 * Bucket seats

**__References –__**

[] car 1

[] car 2

[] car 3 & 4

[] Picture

__SPREADSHEET #2__

Vehicle – Ford Mustang

Cost – $8, 394.75

Number of payments that I am planning to make – 1 payment per month for 12 months

Annual interest rate – 8.34%

Length of loan – 12 months

Total monthly cost – $700 + $58 = $758

Total interest paid – $700

Total cost of loan over 12 months = $9,096.00

Vehicle – Ford Focus

Cost – $12, 594

Number of payments that I am planning to make – 1 payment per month for 2 years. Annual interest rate – 8.34%

Length of loan – 24 months

Total monthly cost – $151, 007 + $6, 291 = $157, 298

Total interest paid – $151, 007

Total cost of loan over 24 months = $3, 775.00

Vehicle – Toyota Prius

Cost – $30, 580

Number of payments that I am planning to make – 1 payment per month for 12 months

Annual interest rate – 8.34%

Length of loan – 1 year

Total monthly cost – $366, 666 + $30, 555 = $397, 221

Total interest paid – $366, 666

Total cost of loan over 12 months = $4, 766, 658

Vehicle – Toyota Highlander

Cost – $43, 890

Number of payments that I am planning to make – 1 payment a month for 4 years

Annual interest rate – 8.34%

Length of loan – 4 years

Total monthly cost – $526, 258 + $10, 963 = $537, 221

Total interest paid – $526, 258

Total cost of loan over 48 months = $25, 786, 642.00

**Letter for Loan**

Feb. 16th, 2011

RE: Bank loan

Dear Scotia bank,

My name. I am writing to you to apply for a loan to buy a car that costs $43, 890 with. I would like to take out a $45, 000 dollar loan, which would be paid by 1 payment of $1000 dollars a month for 4 years (plus interest).

I am a young woman who loves to have fun and play, but who also loves to learn. Having a car is sometimes essential to this, as I need to drive or be driven to school or work. I am also very active, and to be driven to all of my activities I need a car. I have looked at several cars and decided on this car (the Toyota Highlander) because it meets all of my expectations and has lots of room in it for all of my stuff. I think that getting this car will be a huge step forward for me in transportation and activities.

I will be awaiting your reply to my letter. If you need to contact me prior to this, you can contact me either by phone or by email at Thank you for your time in considering my application.

Sincerely,