Gary is looking to purchase a vehicle, and sell his own vehicle to upgrade. He sells his own car for $7000 and buys the vehicle for $12750. He owes the bank $5200 for a 36 month personal loan at 14.40%. Is it better for Gary to pay off the personal loan and finance the total amount of the new car at 4.89% for 48 months; or is it better for Gary pay $7000 down on the new car and only finance for $5750 at 4.89%? Evaluate and explain which is the better of Garys options.