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GCSE: Gary's (and other) Car Sales
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I want to then find out knowing that the Mercedes is much more of an expensive make than the Ford and BMW, so if the mileage has been used up for the Mercedes and the ford and the BMW will the Mercedes still be expensive. The information that I will need to collect to find out if my Hypothesis is right or wrong: ==> Make of the car so Mercedes, BMW or Ford ==> The 'Used Price,' of the car ==> The 'Mileage,' of the car I can find this information from a database which is a Secondary data Source, as the information in the database is from Nower Hill High School.
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I will also look at price depreciation and the mean price depreciation. Hypothesis 1. The Older the car, the cheaper it will be. I think this because the value of cars will go down in age. 2. The more the car has traveled, the cheaper it will be. I think this because a car becomes less efficient the more it has been driven. Although I believe my hypothesis to be true, there could be outliers. The outliers could be due to rare models that go higher in price. Or there is a missing data value. I will determine these from my results.
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Gerald Ford President Ford was born on July 14th, 1913, in Omaha, Nebraska. He was born to Dorothy Gardner King and Leslie King. Their marriage ended a short time later.
Another one of Gerald Ford's friends was Byrd Garel. Garel dropped out of high school and out of Gerald Ford's life when they were sophomores. After finishing high school he went on to college at Michigan State. Gerald Ford could not afford to pay for college, so they gave him a scholarship. He also found a job waiting on tables, and his aunt and uncle promised him two dollars a week. Ford was on the school football team and was one of the stars.
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Used Car PricesCourse Work Some of the factors which affect the price of a used car Age, Mileage, MPG, Colour, Engine Size
I am going to concentrate on the following areas:- 1. Make - The manufacturers of the car e.g. ford, Mercedes etc. I think this affects the price of a used car because the price of the car when it is second hand depends on the popularity of that car, or whether the car is rare or not.
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Using line of best fit means I can predict other information on cars where I havent been given all the information. Ford Cars Price when Price Age Mileage Difference % Depreciation New Second Hand 16000 7999 1 7000 8001 50.00625 8785 1595 7 68000 7190 81.84405236 7310 1050 8 90000 6260 85.63611491 7875 1495 11 74000 6380 81.01587302 8748 1995 7 60000 6753 77.19478738 9105 2300 7 64000 6805 74.73915431 12125 4295 3 29000 7830 64.57731959 11800 4700 5 34000 7100 60.16949153 8680 3200 4 27000 5480 63.13364055 14505 8800 2 7200 5705 39.33126508 13230 8250 3 34000 4980 37.64172336
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Percentage Loss 1 50 7 82 8 86 11 81 7 77 7 75 3 65 5 60 4 63 2 39 3 38 7 73 4 55 10 75 5 74 6 70 5.625 66.4375 MEAN Table: Car Number Price When New Current Price Mileage x 1000 Percentage Loss 1 16000 7999 7 50 23 8785 1595 63 82 33 7310 1050 90 86 35 7875 1495 74 81 43 8748 1995 80 77 45 9105 2300 84 75 52 12125 4295 29 65 53 11800 4700 34 60 57 8680 3200 27 63 64 14505 8800 7.2 39
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-Selling a known name to the public -Advice, guidance and expertise from the franchisor. -fewer decisions to make in operating the business. -Most of the profit is retained by the business owners. Vision The ford motor company's vision is simply to be the world's leading consumer company for automotive products and services. People are at the heart of our vision and we strive to improve the quality of peoples' lives through progress. That's the true story of Ford - in the beginning, now and always. Mission They also see their selves as a global, versatile family with a proud heritage.
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This means, on the other hand it is likely that red cars will have the lowest range of prices. Mercedes A140 Classic 10999 red Fiat Bravo 3495 red Rover 820 SLi 3795 red Rover 114 Sli 2495 red Fiat Uno 1495 red Vauxhall Cavalier 850 red Volkswagen Golf 3695 red Ford Fiesta 1495 red Renault Clio 1495 red Ford Escort Duet 2300 red Vauxhall Corsa 4995 silver Rover 416i 3795 silver Daewoo Lanos 5999 silver Seat Ibiza 795 silver Fiat Tempra 1295 silver Hyundai Sonnata 1195 silver Ford Puma 8250 silver Peugot 206 7500 silver Peugot 406 7500 silver Mercedes Elegance 17500 silver Nissan Micra 3999 blue Renault Megane 4999 blue Vauxhall Vectra 6499 blue Mitsubishi Carisma 5999 blue
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They both have the same shade of red for their borders; B has bold arrows of this colour going out to each of the cars, on which there is info about that car. While A also has some bold red writing. I think this works equally well in both ads, on the whole being in colour they appear bright and interesting in the black and white paper. A is especially bright and different with a 'kids' font style and wobbly border.
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Hypothesis I predict that as the mileage of used cars increases, it will directly affect the car by decreasing its value, as the age of cars increases I believe that it will also affect the value of the car by a decrease. I will show this by putting the data into scatter graphs. Using lines of best fit should prove my theory, but I have come across problems with this as it shows negative values, like negative mileage, age and price.
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To find out what affects the prices of used cars - I will be looking at the two different variables age and mileage to find out if they effect the prices of used cars.
Method My first part of investigating was to look at the data sheet. Then think of the way I would do the sampling I had three different ways in which I could have done my sampling in stratified, which is a sample in which the population randomly sampled. Anther one is random sampling which is choosing sample at random Lastly, selective sampling which is a selective sample is one which every nth term is chosen where n is chosen at random.
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Factor 2 I also predict that as the mileage increases on the car the second hand price will decrease. Generally as time moves on, the mileage will increase, and the cars with the most mileage will depreciate more in price than the cars with less mileage. Factor 3 The age of the car I also feel will have an influence on the car's price, obviously if the car is older the price depreciation will be higher, if the car is newer the price depreciation will be lower. Plan Out of 100 cars that were given to me, I'd randomly select 36 cars.
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Having never looked into this certain subject before I cannot be sure what techniques car companies adapt to help maintain the environment and stop pollution to the atmosphere. I would expect to find that they have developed different fuels, which produce less carbon dioxide. Designed and fitted new engines, which are more economic and help to prevent the greenhouse effect. Ford being such a large and well-respected company you would initially think that they would have a number of successful ways of helping to care for the environment.
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In my opinion location C has got the best mileage and the one with the least mileage is D. Accessibility: Accessibility is not as important as mileage but it is still a convenient factor of the research and has to be considered very deeply. If the place has plenty of doors and garages, then it would be more convenient than a store with less doors and garages for the trucks or lorries to take our stock to the superstore. The best one again is location C and the worst one again is location D. But we have to remember that some locations are better at other things than at some things.
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2 litres, the type of fuel the car uses e.g. diesel or unleaded, the MPG (miles per gallon) this is roughly how many miles the car can travel at a constant speed on one gallon of fuel, the current mileage of the second hand car, if it has a service history or not, the number of previous owners, the length of the current MOT (road tax) if there is one, the TAX months, its insurance groups (this relates to the prices the owner will have to pay to insure the car, e.g.
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Then I'll need to put all this data into tally charts. Then I'll make graphs out of the tally charts. I'll be using frequency graphs to look at peak and spread and I'll use Scatter graphs to find relationships between data. I will analyse these graphs and see how useful they are at answering my question. I will also turn my results into averages and then compare the averages to see which of my lines of enquiry effects the price of a second hand car the most.
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In my investigation I will be trying to find out the average loss of money from 1st hand, to 2nd hand as the age of the car go up.
What I had too do is only look at two or three things and I had too look at the closely and I would had to compare something to another thing or why something changes. Like when you do more miles in the car the car price goes down and I would have to find an explanation for that. Aims Here I am going to be looking at the different sorts of colours of cars. What I wasn't to find out is which colour is the most popular out of all of them.
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Ford also now developed or has taken over (Lincoln, Mercury, Mazda, Volvo, Jaguar, land rover and Aston martin.) Fords Aims With ford there would be a wide range of aims these aims would vary from benefiting the company to benefiting to shareholders and to reliability of there cars I am now going to list and explain some of these aims One of Ford biggest aims would obviously be to make a profit that was bigger that it's profit the previous year For Ford to make a profit it has to sell enough cars or products as it can so that it covers its costs.
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I also think that the amount of mileage done will affect the car in most cases. Again, this will not affect all cars, as some cars are purchased purely for their rarity and are never used. I do not think that the colour will affect the depreciation in price greatly as it is something that can quite cheaply and easily be modified. These are my main predictions but I do have other opinions on what will affect the price but there are too many contributing factors. Coursework First of all, I added another column to the table that showed the 'Depreciation in value' so I could refer to it in the project and make comparisons between it and other factors such as mileage, engine size, age etc.
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Used Cars Price - Mathematics - Use the information to investigate what influences the price of a second hand car.
This process requires the use of a calculator, so the data can be randomly chosen for us to then move on to interpreting it. Randomly selected cars: RANDOMLY SELECTED CARS 53 97 32 33 49 44 84 47 86 34 91 66 57 23 43 51 14 36 38 15 22 73 2 58 24 85 11 27 41 1 In the table above, are all the randomly selected numbers I have collected, and with this new data I can match the numbers up to the cars and write down what randomly selected vehicles I have been acquainted with.
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My three hundred thousand dollar price tag has nothing to attest my performance, so far. But the Safari Rally is no ordinary rally one would be mad enough to attempt. It was beyond mad. I was about the sanest, most pragmatic, and yet most underrated rally car in history. I had to be underrated, after all the last time Ford won a Championship was fifteen years ago; hardly amusing. But today I, the new Ford, am thinking differently: I want to win and only win. Overconfident title contenders such as Mitsubishi, Subaru and Peugeot have always been up there in front of me.
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The customer is number one. We do the right thing for our people, our environment and our society. By improving everything we do, we provide superior returns to our shareholders. Problems within company The American giants have a lot of catching up to do, as most Europeans want cars that are small, stylish, and affordable. In a market that includes 27 carmakers, they have plenty of choices. And although Europeans bought a record 16.5 million cars and trucks last year, that was still 3.5 million units below production capacity. In that cut-throat environment, not everyone is going to survive.
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