Buying Your First Car Lesson

Teenagers love to think about driving and buying their first car.

Buying your first car lesson. This strategy will help you avoid overextending yourself financially and getting deep into debt when buying a car. The key difference between dealer and private is the protection you get from the law when buying from a dealer. Also check out publications such as the consumer buying guide and resources listed at the end of this lesson and try to narrow down what you want in a vehicle. Showing 1 60 of 60 resources. Be sure to explain the reason for your answers.

Shop for a lender. You will learn about dealerships pricing some negotiation strategies and where to research book values of cars. Outstanding resources economics lesson how inflation is measured or calculating inflation rpi cpi worksheet. Consumer reports annual survey of new and used cars looks at value performance and safety. It s enough to make some teens wait to become a licensed driver.

Buying from a private seller could be cheaper but using a reputable car dealer is a safer way to buy a car. Closure to summarize this lesson remind students that buying a car is similar to buying other goods and services. Don t get swept away by the excitement of getting your first car. Don t let the complexities of buying a car discourage you from getting your license. How to make a good choice financing your vehicle maintaining your vehicle buying vs leasing insuring your vehicle and more each activity is self contained so you may use them all or choose only those that best fit your lesson plans time schedule and students abilities.

Know the definition of and where to find the asking price book value trade in value and private party value of a car. The intent of this resource is to create an equation for the list price of a car and add the appropriate state tax. Once your teens understand the calculation ask them to. After reviewing this handy guide you may discover that owning a car is within your reach after all. The next thing you ll need to do especially if buying a used car is decide whether to go with a dealer or a private seller.

Keeping your budget top of mind is one of the most important tips for how to buy a car within your means. Conduct some research before deciding which car to buy. But for many buying a first car can be even worse. Godwin86 introduction unit gcse sociology 12 lessons 19 99. Free 25 popular paid resources.