Students pick their dream car and find that car for sale in their area. They compare the sales price with the Fair Purchase Price. They calculate sales tax, cost of gas based on their car's miles per gallon, and monthly car loan payment. They will research and find the cost of car insurance for their car. Students will learn about how car insurance works when an accident occurs. We review what collision, comprehensive, bodily injury, uninsured motorist, etc covers and then calculate their cost for different accident scenarios based on the insurance coverage they chose.
It is an eye opening lesson for students and many of my students have learned just as they were ready to buy their first car!
This can be a 2 or 3 day lesson and is very detailed and walks students through exactly what to do for each section.
An example and answer key is included.