1 / 13

Buying a new Mitsubishi Lancer

Buying a new Mitsubishi Lancer. By: Mostafa ‘RICHIE’ El Tabbakh ‘POOR’ Omar Khedr. The Car. The Car. Funding Alternatives. The Alternatives: HSBC Bank. Samir Rayan Cars. Tiba Auto. $$ The Rich Guy $$. Pretty fly for a rich guy. The rich guy is characterized as:

rae
Download Presentation

Buying a new Mitsubishi Lancer

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Buying a new Mitsubishi Lancer By: Mostafa ‘RICHIE’ El Tabbakh ‘POOR’ Omar Khedr

  2. The Car

  3. The Car

  4. Funding Alternatives • The Alternatives: • HSBC Bank. • Samir Rayan Cars. • Tiba Auto.

  5. $$ The Rich Guy $$

  6. Pretty fly for a rich guy • The rich guy is characterized as: • Capable of paying more than 5,000$/month on the installments. • Within the income bracket of above 8,000$/month. • Very rich, wallet full of cash.

  7. Pretty fly for a rich guy Based on the calculations, Samir Rayan’s offer is the best alternative as the total cost is almost 10,000$ lower than HSBC. Furthermore, the monthly payment is 1,000$ less.

  8. The Poor Guy

  9. Could you spare a dime? • The poor guy is characterized as: • Capable of paying up to 3,000$/month at most on the installments. • Within the income bracket of 2,000-4000$/month. • Green with envy when it comes to the rich guy.

  10. Could you spare a dime? • For the poor guy, SamirRayan has the best offer, since the total interest rate and the cost are the lowest. However, Tiba requires no downpayment, and offers a monthly payment that is similar to that of SamirRayan's, but the total cost is about 7,000$ more.

  11. Thank you.. Any Questions?

More Related