In this personal finance lesson, students will compare costs of a car to learn about automobile ownership.

This lesson is part of Financial Fitness for Life 9-12, 3rd Edition and provides the slides and activities with educational technology tools. For full access to the book, shop the teacher guide and student workbook below.

Wise consumers shop for credit just as they might shop for a car or a computer. In this lesson, students will learn some of the basic skills needed when shopping for credit as it applies to buying a car. The lesson includes completing a credit comparison chart for a hypothetical auto loan, shopping for a loan, and comparing the cost of the same loan at various local lending institutions. In addition, it requires students to consider the cost of owning and operating a car by considering factors such as insurance, depreciation, etc.

Lesson 17 Slides