Problem Solving 3
Easy
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Moderate
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Difficult
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Games
BUYING A CAR
You are about to buy the car of your dreams. What will you choose? How much will it cost? Where will you find a loan to pay for the car?
The Car: Browse through newspaper advertisements and/or vehicle magazines to
find prospective vehicles that you would like to purchase. You may also use the
internet to browse vehicles.
Once you have located the car of your dreams, you must provide the following
information in your project:
Dealership Information
Make/Model/Year
Standard Features
Options (if you are requesting any)
Extra Cost for all additional Options
Total Cost of your car
Bank Loan
Find a lender and lending information for your new car.
Name of Lending Company
Interest Rate
Monthly payment for a 60 month (5 year) loan
Total cost of the loan (monthly payment x 60 months = total cost)
Amount of interest paid (total loan cost – cost of car = interest)
Vehicle Insurance
Find an insurance company to insure your new vehicle.
Once you have found an insurance company, provide the following:
Company Name
Payment Plan (Monthly, Quarterly, Biannually, Annually)
Cost of car insurance for one year
You are about to buy the car of your dreams. What will you choose? How much will it cost? Where will you find a loan to pay for the car?
The Car: Browse through newspaper advertisements and/or vehicle magazines to
find prospective vehicles that you would like to purchase. You may also use the
internet to browse vehicles.
Once you have located the car of your dreams, you must provide the following
information in your project:
Dealership Information
Make/Model/Year
Standard Features
Options (if you are requesting any)
Extra Cost for all additional Options
Total Cost of your car
Bank Loan
Find a lender and lending information for your new car.
Name of Lending Company
Interest Rate
Monthly payment for a 60 month (5 year) loan
Total cost of the loan (monthly payment x 60 months = total cost)
Amount of interest paid (total loan cost – cost of car = interest)
Vehicle Insurance
Find an insurance company to insure your new vehicle.
Once you have found an insurance company, provide the following:
Company Name
Payment Plan (Monthly, Quarterly, Biannually, Annually)
Cost of car insurance for one year