The Car Loan Experience is a comprehensive Car Loan and Budgeting Simulation.
Students are each given a "job" and budget.
They first calculate their monthly surplus then go shopping for a car.
A new and used car dealership inventory is provided.
Students find a car the want from the inventory and determine the monthly cost of the car.
A math worksheet is provided that asks additional questions regarding the budget and new car.
BONUS: A detailed explanation of the car buying process is included that explains a purchase contract and the steps and negotiations necessary to buy a car. Anyone who is looking to buy a car should complete this simulation first.