My Dream Car

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My Dream Car

• Date December 20th, 2001
• To Mr. Jahn
• From Mandy Dal Ponte

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The New Volkswagen BeetleINTRODUCTION

• I chose the 2001 Volkswagen Beetle as my dream
  car. At this point in my life, I drive a 1985
  Volvo. I have loved the new beetle ever since it
  came out, and I dream of one day owning my very
  own. The new beetles are cute, safe, and fun to
  drive. I believe that the beetle is a good car
  for everyday needs, and therefore I have chosen
  it as my dream car.

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2001 Volkswagen Beetle
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2001 Volkswagen Beetle

• GO OLYS!!!!!

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Standard Features

• Anti-theft vehicle alarm system for doors, hood,
  trunk lid, radio and starter, with warning LED in
  drivers door top sill and audible/visual
  de/activation verification
• Air conditioning
• Rear seat heat with AC ducts
• Heatable front seats
• Steering wheel deformable/collapsible upon impact
• Electric rear window defroster
• Front cup holders
• AM/FM Cassette stereo sound system with 6
  speakers, with control capability for CD changer
• Automatic tensioning retractors for front and
  rear passenger safety belts
• Easy Entry System allows front seat to move
  forward for easy access to reach seating area
• Front seats fully reclining, height adjustable,
  with height adjustable head restraints

• Driver and Passenger side power mirrors, heatable
• Outside mirrors, lower mounted and bigger
• Body color mirror housing
• European side blinker lights on front fender
• Headlights-on warning tone, upon opening of
  drivers door when ignition key is removed
• Daytime Running Lights
• Clear lens halogen front fog lamps
• Tinted glass
• Gray shade band on upper windshield
• Fuel cap with notched edge
• Anti-intrusion side door beams
• Interior light with time delay and front driver
  and passenger reading lamp in rearview mirror
• Glove box light
• Front and rear carpeted floor mats
• Open door warning/courtesy lights, in front doors
• Integrated arm rests in front and rear door side
  panels.

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Selected Options

• 2001 Volkswagen Beetle GLX (fully loaded)
• Exterior Blue Lagoon
• Interior Black Leather
• Radio/Audio 6 disc CD changer/trunk mounted
  650
• 17-inch Alloy wheels400
• All season tires 875
• 4 speed automatic transmission with adaptive
  shift program and shift lock

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MRSP and Invoice Prices for the 2001 Volkswagen
Beetle

• The MRSP price for the 2001 Volkswagen Beetle GLX
  is 21,500
• The Invoice price for the 2001 Volkswagen Beetle
  GLX is 20,001
• The MSRP Price is the Manufacturer's Suggested
  Retail Price. This is the price that the
  manufacturer recommends to the dealer as a
  reasonable price for the car.
• The Invoice Price is the price that the dealer
  actually pays for the car. As a buyer, you would
  like to buy the car for as close to the invoice
  price as possible.
• The 2001 Volkswagen Beetle will cost me 23,325.
  This is above the invoice price, but includes my
  selected options. I have been shopping around at
  various car lots and have been able to locate my
  dream beetle for the above price.

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Securing a Loan

• I was able to find my dream car for 23,325. I
  put down 1,000 so my loan will be for 22,325.
• Peoplefirst.com offers an interest rate of 5.94
  with no fee. This is the bank that I have chosen
  to use to finance my car.
•  

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Results from Loan Payment Calculator

• I was able to find my dream car for 23,325. I
  put down 1,000 so my loan will be for 22,325.

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Amortization Worksheet Results

• This worksheet breaks down a loan for 22,325
  into monthly payments including interest and
  principal. The chart at the bottom shows this
  information for the first 6 months of a 48 month
  loan. The chart at the top gives the information
  needed to calculate the data for the lower chart.
  

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Cite Sources Page

• List of standard features and options for the
  2001 Volkswagen Beetle GLX courtesy of
  www.vw.com
• Courtesy of www.carsdirect.com are the MSRP
  price and invoice price.
• Interest rate for the 22,325 loan courtesy of
  www.peoplefirst.com.
• Amortization Worksheet courtesy of
  www.online2.org. It was created by John Pile and
  updated by B. Jahn and C. Otto.
• Excel Loan Payment Calculator also courtesy of
  www.online2.org.
• Picture on Slide 2 courtesy of
  www.volkswagen.de/newbeetle/
• Picture on Slide 3 courtesy of
  http//www.newbeetle.org/

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