Acquisition of Personal Assets Through Loan Bank and Commercial Credit: What’s the Best Option?

Authors

  • García-Santillán Arturo UCC Business School Universidad Cristóbal Colón. Veracruz, México
  • Ortigosa-Ortiz Alexa Andrea UCC Business School Universidad Cristóbal Colón. Veracruz, México
  • Hernández-Pérez Sandra Luz UCC Business School Universidad Cristóbal Colón. Veracruz, México
  • Mora-Montalvo Noelia UCC Business School Universidad Cristóbal Colón. Veracruz, México
  • Ramos-Hernández Jésica Josefina UCC Business School Universidad Cristóbal Colón. Veracruz, México

DOI:

https://doi.org/10.18488/journal.88/2016.2.1/88.1.1.16

Keywords:

Asset, Banks, Amortization method, Financing, Due payment, Annuity, Car agency

Abstract

The aim of this paper is to determine the most viable and beneficial scenario for acquire an asset, specifically a car. For this purpose, the amortizations model was used, which is why the corresponding financial simulation in the amortization charts on both scenarios are presented. The results lead us to think that the financing option offered by the car company is the most suitable and beneficial for the client.

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Published

2016-06-15

Issue

Vol. 2 No. 1 (2016)

Section

Articles

How to Cite

Acquisition of Personal Assets Through Loan Bank and Commercial Credit: What’s the Best Option?. (2016). Quarterly Journal of Econometrics Research , 2(1), 1-16. https://doi.org/10.18488/journal.88/2016.2.1/88.1.1.16