Owning vs. Renting a Car economic group projects Due Thursday.

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Owning vs. Renting a Car economic group projects Due Thursday

Buying vs. Leasing what are 4 pros and 4 cons of buying a new car vs. leasing a new car. Next create a list of 4 pros and 4 cons for buying a used car.

Buying vs. Leasing Pick a car make and model to research prices on. Find an ad for each car online or in the newspaper (buying a car, leasing, and a used car)

Posters should included the following: Price of new car: _____________ Price of leasing a car:__________ Price of a used car:____________ Auto insurance on a new car:_________ Auto insurance on used car: _________

Figure out Monthly payments Take ticket price and divide the total by 48 for a 4 year loan or 60 for a five year loan to find out your monthly payments. What would your payments be on each car? 1) New 2) New Leased 3) Used

Posters 1.Should have pros and cons of buying a new vs. leasing a car & buying a used car 2.Car make & model you researched 3.Prices of all three cars w/ monthly payment 4.Insurance on New vs. used 5.Which car will you buy???