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Car Unit: Interest Rates, Trading & Buying Cars

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1.05 MB   |   10 pages

PRODUCT DESCRIPTION

This is one of the most interesting and engaging lessons I use every year dealing with personal finance. The students are always interested to find out what the value of the car they are driving or riding in everyday is worth. This lesson teaches students how higher interest rates and length of loans can effect monthly payments. Teaching students how to buy and sell a car can be lesson that students never forget. Recommend buy a car note sheet and buy a car PowerPoint by same seller to go with this unit.

This unit covers the following:
Using Kelley Blue Book to find price of the car
Trade-In and Private Party Value
Buying a used car
Buy a new car
Financing and Interest
Yearly Car Costs
Websites for students to follow
Add depreciation and other concepts if you want to extend this lesson.
Total Pages
10
Answer Key
N/A
Teaching Duration
2 Days

Average Ratings

4.0
Overall Quality:
4.0
Accuracy:
4.0
Practicality:
4.0
Thoroughness:
3.9
Creativity:
4.0
Clarity:
4.0
Total:
5 ratings

Comments & Ratings

n/a
4.0
Total:
4.0
Overall Quality:
4.0
Accuracy:
4.0
Practicality:
4.0
Thoroughness:
4.0
Creativity:
4.0
Clarity:
On  March 14, 2014,  Buyer said:
Great activity! Thank you!
n/a
4.0
Total:
4.0
Overall Quality:
4.0
Accuracy:
4.0
Practicality:
4.0
Thoroughness:
4.0
Creativity:
4.0
Clarity:
On  February 20, 2014,  Nicole S. said:
I will definitely use this in my Personal Finance class. Thanks.
4.0
Total:
4.0
Overall Quality:
4.0
Accuracy:
4.0
Practicality:
4.0
Thoroughness:
4.0
Creativity:
4.0
Clarity:
On  January 3, 2014Mary Willen (TpT Seller) said:
Great unit. The kids really got into this.
n/a
3.9
Total:
4.0
Overall Quality:
4.0
Accuracy:
4.0
Practicality:
4.0
Thoroughness:
3.5
Creativity:
4.0
Clarity:
On  January 2, 2013,  Buyer said:
I am excited to use this for my personal finance class. I think this will be a great resource for the class!
n/a
4.0
Total:
4.0
Overall Quality:
4.0
Accuracy:
4.0
Practicality:
4.0
Thoroughness:
4.0
Creativity:
4.0
Clarity:
On  November 6, 2012,  Buyer said:
Great plan! Used edmunds.com instead but students enjoyed it!
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Car Unit: Interest Rates, Trading & Buying Cars
Car Unit: Interest Rates, Trading & Buying Cars
Car Unit: Interest Rates, Trading & Buying Cars
Car Unit: Interest Rates, Trading & Buying Cars