Slide 1OutlineHonda FitToyota YarisAssumptionsSlide 6Slide 7Slide 8Slide 9Slide 10ConclusionsResourcesE G R 4 0 3 H 0 1C H A N D L E R H W EM I C H A E L R E L I C HHonda Fit vs Toyota YarisOutlineHonda FitToyota YarisAssumptions5 Year Cost of OwnershipGasoline CostsInsurance RatesMiles Driven Per YearMaintenance CostsLength of OwnershipMaintenance TypeConclusionResourcesHonda Fit2011 ModelMSRP of $1665029/35 MPG City/HighwayInsurance Cost per Year: $1236Salvage Value After 5 years: $5,336Dealer MaintenanceToyota Yaris2011 ModelMSRP of $1677028/35 MPG City/HighwayInsurance Cost per Year: $1304Salvage Value After 5 years: $5,661Dealer MaintenanceAssumptions15,000 Miles Driven Per Year0% down, 4.59% APR$3.75 per Gallon Gasoline Price$0.10 Raise in Gasoline Price per YearSalvage Value Based Off Kelly Blue Book ValuesHonda FitYear Financing Insurance State Fees Fuel Maintenance Repairs Total PV of Total1 $3,733 $1,236 $110 $1,786 $98 $0 $6,963 $6,7602 $3,733 $1,236 $73 $1,833 $137 $0 $7,012 $6,6103 $3,733 $1,236 $73 $1,881 $288 $78 $7,289 $6,6704 $3,733 $1,236 $68 $1,929 $570 $168 $7,704 $6,8455 $3,733 $1,236 $68 $1,976 $288 $341 $7,642 $6,592Totals $33,477Salvage Value -$5,661.00 -$4,883Final Cost of Ownership $28,594Toyota YarisYear Financing Insurance State Fees Fuel Maintenance Repairs Total PV of Total1 $3,759.96 $1,304 $104 $1,758 $0 $0 $6,926 $6,7242 $3,759.96 $1,304 $68 $1,805 $24 $0 $6,961 $6,5613 $3,759.96 $1,304 $68 $1,852 $238 $78 $7,300 $6,6804 $3,759.96 $1,304 $63 $1,898 $624 $168 $7,817 $6,9465 $3,759.96 $1,304 $63 $1,945 $238 $341 $7,651 $6,600Totals $33,511Salvage Value -$5,366.40 -$4,629Final Cost of Ownership $28,882$2.50 $3.00 $3.50 $4.00 $4.50 $5.00 $5.50240002500026000270002800029000300003100032000Gasoline PricesYarisFitGasoline Price at Purchase5 Year Cost of Ownership-20% -10% 0% 10% 20% 30% 40% 50%2500026000270002800029000300003100032000Insurance Rate IncreaseYarisFitPercentage Increase5 Year Cost of Ownership0 5000 10000 15000 20000 2500005000100001500020000250003000035000Miles Driven Per YearYarisFitMiles Driven5 Year Cost of Ownership-40% -20% 0% 20% 40% 60% 80% 100% 120%2700027500280002850029000295003000030500Maintenance Cost IncreaseYarisFitPercentage Increase4 Year Cost of OwnershipLENGTH OF OWNERSHIP Cost of OwnershipTime Period Yaris Fit3 Years $19,082.15 $18,158.165 Years $28,881.84 $28,593.92MAINTENANCE TYPE 5 Year Cost of OwnershipMaintenance Type Yaris FitDealer 5 Years $28,881.84 $28,593.92Dealer 3 Years/Third Party2 Years $28,549.62 $28,264.74Conclusions5 Year Cost of OwnershipHonda Fit is Cheaper by about $2903 Year Cost of OwnershipHonda Fit is Cheaper by about $900Sensitivity Analysis Honda Fit Increase in Cost Over Time3rd Party Maintenance$5 DifferenceResourcesHonda Official Website and Local DealerToyota Official Website and Local DealerFirestone Complete AutocareKelly Blue
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