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
Purchasing A Used Car
Seventh graders investigate the practice of purchasing a used car with the help of links and resources found in the lesson plan. They conduct research to find the right kind of car using a variety of resources. Students examine data in...
Curated OER
How Much Does That Car Cost?
Young scholars calculate how much it costs to buy a used car and finance it through a bank. They select a car from the newspaper, conduct Internet research on current auto loan interest information for four different states, and create...
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 lesson plan 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 keep looking.
EngageNY
Buying a House
There's no place like home. Future home owners investigate the cost of buying a house in the 33rd installment of a 35-part module. They come to realize that the calculations are simply a variation of previous formulas involving car loans...
EngageNY
Buying a Car
Future car owners use geometric sums to calculate payments for a car loan in the 31st installment of a 35-part module. These same concepts provide the basis for calculating annuity payments.
Illustrative Mathematics
Buying a Car
Teenagers love to think about driving and buying their first car. The intent of this resource is to create an equation for the list price of a car and add the appropriate state tax. Once your teens understand the calculation, ask them to...
Curated OER
Buying Cars/Financing Cars Compound Interest
Provide a real world context in which exponential functions are used to determine a eal world phenomena such as compound interest and exponential growth. This lesson should be taught after students have mastered the laws of exponents and...
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.
Illustrative Mathematics
Buying Bananas, Assessment Version
Practice with unit rates, proportions, and ratios when Carlos purchases an amount of bananas. Learners must interpret a graph to decide whether points on the same line represent similar proportional relationships. Use with lesson plans...
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.
Texas Instruments
Buying Your First New Car!
Learners explore exponential growth and decay using M&M’s in this Algebra II/Pre-calculus lesson plan. They investigate the cost of a new car by calculating depreciation and payments.
Curated OER
Buying vs. Leasing Car
Learners 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.
Illustrative Mathematics
Jim and Jesse's Money
Jim and Jesse started their road trip with the same amount of money. Your class must find the amount of money each one had given, the amount of money spent, and the ratio of money at the end. This is a comprehensive problem that takes...
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
Hot Wheels (Grades 9-12 )
Using internet research, students compute the costs of different models of card. They discuss the advantages/disadvantages of purchasing a new car versus a used car, the cost of car insurance, and the best way to finance their purchase.