How to Buy and Sell a car Mr. Geist

Feb 2 (Edited 10:53 AM)
Question 2) slide 3
Question 3) slide 6
Question 4) slide 8
Mr. Geist METS  Jersey City   1/29/20 (A)  1/28/20 (B)
Life Skills A/B Day

Aim:  How do I purchase an auto?  How do I sell an auto?
 Do Now:  Would you like a car after you graduate?  Y/N Why?

Standard CRP8:  Utilizing Critical Thinking to solve problems
Objectives:  S.W.B.A.T…
a)  have an idea of how to purchase a vehicle.
b)  have an idea of how to sell a vehicle.
Agenda
1)  Students will read PDF on Google Classroom
2)  Discussion/Questions
3)  Individual Work
Questions
1)  Slide 1b:  What is car financing?
2)  Slide 2:  What are you top three reasons for buying a car?
3)  Slide 5:  How much did the car depreciate in yr. 1,2,3,4,5?
4)  Slide7:  When is the “sweet spot” to purchase a vehicle?
5)  Go to google;  type in RideSmart Auto – Honeybrook Pa
b)  look through the inventory and choose a car
c)  which car did you choose and why?
6)  Figure out how much you would pay monthly on a $10,000 car?
  (with $1200 for financing)?
a)   at 48 months 11,200 div. by 48 =  $233.33
b)   at 60 months 11,200 div. by 60 =   $186.66
7)  Which car insurance are you choosing?
*if the auto insurance costs you $75 a month, how much is the total with your monthly payment?
8)   If you spend $100 on gas a month,  how much do you pay monthly for your auto?
9)  If you spend $300 on a speeding ticket, and $250 on parking fines,
How much have you paid for your vehicle monthly?
10)  You pay $800 for a new muffler -  how much is your monthly average now?

Monthly:   233.33 (financing) + 75  (insurance) + 100  (gas)
Yearly:    550  (tickets) + 800 (muffler)   550 +   800  +   ________  div. 12 =________

Summary:  Answer the Aim Question
Evidence:  Student work

Slides
1b
Name__________________ Life Skills - Geist Date____________ Questions 1) Slide 1b: What is car financing?
2) Slide 2: What are you top three reasons for buying a car? a.
b.
c.
3) Slide 5: How much did the car depreciate in yr. 1,2,3,4,5?
1. 3. 5.
2. 4.
4) Slide7: When is the “sweet spot” to purchase a vehicle? Why?
5) Go to google; type in RideSmart Auto – Honeybrook Pa b) look through the inventory and choose a car
c) which car did you choose and why?
6) Figure out how much you would pay monthly on a $10,000 car? (with $1200 for financing)?
a) at 48 months 11,200 div. by 48 =
b) at 60 months 11,200 div. by 60 =
7) Which car insurance are you choosing?
*if the auto insurance costs you $75 a month, how much is the
total with your monthly payment?
8) If you spend $100 on gas a month, how much do you pay monthly for your auto?
9) If you spend $300 on a speeding ticket, and $250 on parking fines, How much have you paid for your vehicle monthly?
10) You pay $800 for a new muffler - how much is your monthly average now?
Monthly: 233.33 (financing) + 75 (insurance) + 100 (gas) Yearly: 550 (tickets) + 800 (muffler)
550 + 800 = ________ div. 12 =________

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