Each student will analyze the purchase decision: should you buy a traditional automobile or a "hybrid or electric" vehicle? Each student will choose two specific vehicle models to compare: one traditional gasoline-powered automobile and one hybrid/electric model.

Assume you purchase the vehicle on July 1, 2021 and dispose of it (sell or trade) at the end of 5 years, on June 30, 2026. The objective is to project all cash flows and perform a comprehensive economic analysis to determine the preferred vehicle.

Using the Systematic Economic Analysis Technique (7 steps) as a framework, complete the economic analysis of the two vehicles. Use the cash flow estimates from 2. above and compare the alternatives using two or more calculation methods (i.e. PW and AW). Recommend your preferred vehicle based on your economic analysis and other relevant considerations.

Alternative 1 Personal Fuel (gas or Property Salvage financing year Pruchase electric) Maintenance Tires Insurance Tax Sales Tax value Repairs 0 $36,620.0 $2,380.3 1817 $480.0 $151.0 $0.0 $1, 118.0 $187.0 $4,813.0 $0.0 1467 2 $494.0 $386.0 $0.0 $1, 157.0 $0.0 $2,271.0 $0.0 1092 3 $509.0 $202.0 $0.0 $1, 198.0 $86.0 $2, 148.0 $120.0 686 $525.0 $523.0 $0.0 $1,240.0 $0.0 $2,522.0 $286.0 249 5 $540.0 $1,435.0 $0.0 $1,283.0 $86.0 $2,389.0 $415.0 Alternative 2 Personal Fuel (gas or Property Salvage year Pruchase electric) Maintenance Tires Insurance Tax Sales Tax value repairs financing 0 $28,595.0 $1,858.7 $1,469.0 $252.0 $0.0 $790.0 $187.0 $6,637.0 $0.0 1403 2 $1,513.0 $452.0 $0.0 $818.0 $0.0 $1,448.0 $0.0 1133 3 $1,558.0 $609.0 $0.0 $846.0 $86.0 $1,370.0 $130.0 843 4 $1,605.0 $1,350.0 $0.0 $876.0 $0.0 $1,607.0 $309.0 530 5 $1,653.0 $1,451.0 $907.0 $86.0 $1,521.0 $449.0 192