eletric vs gas cars

To analyze the purchase and operation of a gas versus fully electnc car Background There currently are five types of cars that can be found if you sort them by what powers them. (1) Regular gas or diesel car, (2) A hybrid gas and electric car, (3) A plug-in electric and gas car. (4) A fully electric car, or (5) A hydrogen powered car. For this project. let's assume that you are going to compare numbers 1 and 4 , a regular gas car and a fully electric car. In both cases, you are going to buy a new car and make payments $3.246 interest compounded monthly and monthly payments over five years. You have an old car to trade in that's worth about $2000.00 Task 1 You should compare the final purchase cost, including all taxes and other things. For the electric car you can get money off through the 'Scrap-it' program (for your old car). Federal and Provincial rebates and maybe even a dealership rebate. Task 2 Finally, estimate the cost per year to run your car and compare an operating cost of the two vehicles. Assume that you go about 500km a week for work and pleasure. You also need car insurance. Car repairs may be cheaper on the electric cars since there are less moving parts. To analyze the purchase and operation of a gas versus fully electnc car Background There currently are five types of cars that can be found if you sort them by what powers them. (1) Regular gas or diesel car, (2) A hybrid gas and electric car, (3) A plug-in electric and gas car. (4) A fully electric car, or (5) A hydrogen powered car. For this project. let's assume that you are going to compare numbers 1 and 4 , a regular gas car and a fully electric car. In both cases, you are going to buy a new car and make payments $3.246 interest compounded monthly and monthly payments over five years. You have an old car to trade in that's worth about $2000.00 Task 1 You should compare the final purchase cost, including all taxes and other things. For the electric car you can get money off through the 'Scrap-it' program (for your old car). Federal and Provincial rebates and maybe even a dealership rebate. Task 2 Finally, estimate the cost per year to run your car and compare an operating cost of the two vehicles. Assume that you go about 500km a week for work and pleasure. You also need car insurance. Car repairs may be cheaper on the electric cars since there are less moving parts