3.New cars depreciate, that is lose value, as soon as you drive them out of the showroom. Some cars hold their value better than others. Search on the web and find out about depreciation rates on new cars. See if you can find the rate for the car you are interested in. Use the websites listed above and look up the resale value of a three year old model of the car you are interested in. Compare it to some other cars. What does that tell you about the rate of depreciation on the car you are interested in?
4.After reviewing your answers to question 6 on the worksheet what would you do – buy or lease? Why?
5.You should be able to add the information to your worksheet file but if you created a new file to answer the questions be sure to name the file with with the filename your lastnamefirstinitial__car. For example, if Jenny Wu is doing this project she would save the file as wuj_P3. Remember the file must be a WORD or Rich Text file. Be sure you put a heading at the top with your name and the project title.
6.Include a Reference List giving all sources you consulted for this project. If you are not sure how to properly cite your references seehttp://www.bergen.edu/pages/2306.asp. (Note: The BCC English Department uses MLA format. You may use MLA, APA, or Chicago style but you must be consistent in your usage
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