1. For Hyundai Sonata 2018, Hyundai Sonata 2017 Electric and 2017 Hyundai Sonata 2017 electric & gas hybrid, make the assumption that the car will be driven for five years and the annual miles driven will be 12,000 miles. Then use ten years with the same 12,000 miles per year. Decide on an estimate for the cost per gallon of gas (i.e. truck will cost more than a compact car).
2. Research the initial cost of the traditional gas-engine and the hybrid or electric model. Be sure to include all the upfront cost including taxes. Then estimate the annual operating cost (fuel cost, insurance, maintenance, etc.). Calculate the present value of the cost of owning this vehicle with the gas-engine vs. the hybrid or electric model. Use a 6% discount rate. Then use a 10% discount rate. Does that make any difference?
3. Compare the cost of the three models. After comparing the costs, research the environmental issues associated with the two or three car models. Incorporate any sustainability issues on both sides. Formulate arguments to support your recommendation for the gas-engine or hybrid/electric model. Then debate which model is more desirable for businesses to buy. Be specific in your reasons and cite your information sources.