Team 3Brian Calvendra

Ryan KetchumJess McraneySean Duque

Determine travel costs during retirement for a Chevy Tahoe while staying in 4 star hotel

Determine travel costs during retirement for a Sportscoach Cross Country

Compare the two scenarios and provide analysis on which is the better option

Credit Score —> APR Insurance Maintenance Gas Inflation Miles Driven Times Traveled/Year Hotel Price/Night (SUV) KOA Price/Night (RV)

2009 Sportscoach Cross Country

MSRP $120,000

APR 7%

n (years) 20

Down Payment 10%

Insurance ($/yr) $800

MPG 5

Diesel ($/gal.) $3.75

Miles/Trip 1500

Maintenance ($/yr) $1700

2009 Chevy Tahoe

MSRP $38,000

APR 5%

n (years) 5

Down Payment 10%

Insurance ($/yr) $600

MPG 18

Diesel ($/gal.) $3.50

Miles/Trip 1800

Maintenance ($/yr) $1200

Chevy Tahoe◦ 20 Year useful life◦ $300/night◦ Total: $275,723.63

RV◦ 20 year useful life◦ $40/night◦ Total: $330,546.58

Chevy Tahoe◦ 11 Year useful life◦ $2000 salvage

value◦ $300/night◦ Total: $316,847.27

RV

◦ 20 year useful life◦ $40/night◦ Total: $330,546.58

Chevy Tahoe◦ 8 Year useful life◦ $6000 salvage

value◦ $275/night◦ Total: $328,346.17

RV◦ 20 year useful life◦ $40/night◦ Total: $330,546.58

Chevy Tahoe◦ 11 Year useful life◦ $2000 salvage

value◦ $275/night◦ Total: $302,847.27

RV◦ 20 year useful life◦$0/night◦ Total: $308,146.58

Chevy Tahoe◦ 8 Year useful life◦ $6000 salvage

value◦ $300/night◦ Total: $342,346.17

RV◦ 20 year useful life◦$0/night◦ Total: $308,146.58

Traveling by SUV and living in hotel is slightly preferred overall…

BUT! With some adjustments, traveling by RV is a possibility.

All-State Insurance http://www.fueleconomy.gov/ https://koa.com/ http://tripadvisor.com http://www.chevrolet.com/tahoe/ http://www.sportscoachrv.com/ http://www.rvsearch.com/ http://www.kellybluebook.com/