Federal Reserve Bank
The Car Deal Package
Buying a car is no easy task, and can have major long-term consequences if done without proper financial knowledge. Ensure your learners are prepared with the information and criteria for comparing different car deals and signing contracts.
Federal Reserve Bank
Purchasing a Vehicle
Start your engines! Prevent negative car buying experiences by arming pupils with information. Prepare your young drivers to make informed decisions when they are ready to purchase a car. All aspects are considered from the type of car...
Visa
Cars and Loans
What's the best way to pay for a car? Should I buy used or new? Can I realistically afford a car? Pupils discover the ins and outs of buying a car, from how to shop for car insurance to the advantages and disadvantages of leasing.
Visa
Road Rules: Researching and Buying a Car
How do the loan principal, interest rate, and term all factor into a monthly car payment? Introduce your class to some of the key steps and considerations of obtaining a loan and purchasing a car.
Curated OER
Math Simulation: Cost of Car Ownership
For this math simulation worksheet, students will use a transportation price list to complete 2 summaries of the cost of car ownership. Then students will draw a picture of their car.
Curated OER
Find The Best Car
Consider how to use consumer reports to review performance, price, reliability and safety information about specific cars. Young learners review how life styles and economics affect car choices. They then find solutions for car-buying...
Practical Money Skills
Cars and Loans
Most teenagers want to buy a car, but do they know how much it really costs? Calculate the cost of purchasing a car, securing auto insurance, and maintaining the new investment with a thorough and engaging personal finance lesson.
SaveandInvest.org
The True Cost of Owning a Car
Almost every teen wants a car, but can they really afford one? The instructional activity walks pupils through how to identify a budget, find all of the costs associated with car ownership, and determine if they should buy the car or...
Sierra College
"Deals on Wheels!" Car Loan Project
Help your class members learn how to use their income wisely with a comprehensive lesson plan on calculating monthly car payments. Using basic math skills and online calculators, your learners will determine the total amount to be...
Federal Reserve Bank
Keep the Currency
Each day, people throw currency away in different ways because of a lack of financial knowledge. Introduce your learners to the importance of financial literacy and assess their understanding of banking and personal finance.
National Research Center for Career and Technical Education
Depreciation (Double Declining)
Have you ever been told that your new car begins to lose its value as soon as you drive it off the lot? Aspiring accountants take on the concepts of depreciation and book value through an easy-to-deliver career and technology...
Curated OER
Buying a Car
Eighth graders create spreadsheets to calculate payments. They create a list of items they would like to purchase that require monthly payments. They simulate buying a car and create a spreadsheet to determine the amount of the monthly...
Federal Reserve Bank
So How Much Are You Really Paying for that Loan?
Loans are rarely provided without a cost. Pupils evaluate the high cost of using a payday loan or payday advance through discussion and worksheets, and finally work in groups to develop short public service announcements that outline the...
Curated OER
Buying a Car
Students complete the PLATO ¿¿ Educational Software lesson: Math Problem Solving: Car Costs to determine if he/she can afford to drive the car they are planning to buy.
Curated OER
Buying vs. Leasing Car
Students use the Internet and worksheets to calculate the costs, advantages and disadvantages to buying or leasing a car. They write a summary of their investigation and decide which option they think is better.
Curated OER
Deals on Wheels!
Students calculate monthly car payments using different rates of interest. They calculate the maximum amount that can be financed/borrowed given a preset estimated/budgeted monthly payment and determine how limited resources cause people...
Curated OER
New Cars? Selecting and Financing
Twelfth graders determine probabilities of real-life events such as life expectancies, winning a lottery ticket, and the break-even premium. They deduce what percent of markup is. Students are able to compare terms for financing a car...
PLS 3rd Learning
Vehicle Comparison Shopping
This is part of a larger unit on cars (financing, insurance, budget, etc.). Before comparison shopping for their ideal car, teens fill out a survey on their transportation preferences. In related lessons, they consider financing,...
PLS 3rd Learning
Monthly Budget & Operating Costs
What teenager wouldn't want a car? But before they make that big purchase, this exercise helps them to understand the costs involved. It includes a worksheet to calculate expenses like taxes and fees, maintenance, gas and insurance, as...
Curated OER
Buying a New Car
Learners locate and compare the costs and options available of three comparable compact, midsize, or luxury automobiles. They utilize websites and a worksheet imbedded in this plan.
Curated OER
Economics Budget Project
Your class members will have the opportunity to practice the valuable skill of constructing a personal budget using real-world resources, such as a car advertisement and grocery list. They will take into consideration monthly and yearly...
Visa
Dream Big: Money and Goals
Whether their objective is independent living, going to college, or buying a car, pupils will participate in discussions and complete worksheets to gain an understanding of how short- and long-term goals play a large role in helping...
Curated OER
Which Is the Better Car Deal?
Pupils investigate whether it is more economically sound to take a low financing rate or rebate when purchasing a car.
Curated OER
Buy or Lease an Automobile
Students gather information on 3 new cars they would like to buy or lease, and use mathematical comparisons to decide whether to buy or lease the car.