During this lesson students will be introduced to purchasing a car. They will learn about dealerships pricing, some negotiation strategies, and where to research book values of cars.

Students will:

1. Know the definition of, and where to find, the asking price, book value, trade in value, and private party value of a car.
2. Research vehicle reliability.
3. Research vehicle prices and purchase options.
4. Know how to price new cars with options.

Math Skills Being Utilized

• Critical Thinking
• Comparing Numbers
• Using research data to make decisions.

Ideas for Teaching

• Show students pamphlets from auto dealers.
• Search “Kelly Blue Book” or “Edmunds” to compare cars.
• Have students debate the different qualities of cars.
• Have students try to sell cars to each other.