Buying a Car

Students will be able to:

• Identify factors to consider when looking for a car 
• Compare different types of cars 
• Understand the differences between popular car research websites and apps 
• Conduct research to find a few cars that meet their needs

Students will be able to:

• Summarize the different costs associated with owning a car
• Explain the different factors that can affect car insurance rates
• Understand how depreciation affects car’s value over time
• Calculate the total costs of car ownership for a specific vehicle

Students will be able to:

• Understand the pros and cons of buying a new vs. a used car 
• Explain the various warranty options available to them when purchasing a car 
• Identify the differences between a pre-owned vehicle and a certified pre-owned vehicle
• Explore the various options they have to get an auto loan and understand the pros and cons of each 
• Read a vehicle history report in detail

Students will be able to:

• Explain the pros and cons of leasing a car instead of buying one
• Read a car lease agreement to understand costs, restrictions on use, and what happens at the end of an auto lease
• Understand the costs of monthly payments and why they differ between buying and leasing

Students will be able to:

• List items they need to bring to a dealership when buying a car
• Explain how buying a car from a private seller differs from buying from a dealership
• Identify best practices when negotiating a car price