WARM UP

Consumer Finance Chapter 5: Buying and Maintaining a Car Lesson 1: Buying a New Car

VOCAB  Base Price is the first amount listed on a car’s price  Options are extra items added to a car  Transportation and Handling is a delivery fee charged to the buyer of a car

Directions Add all the numbers to get the cars total sticker price

I do Find the Total Sticker Price 1.Hatchback 3-door$18,869 Floor Mats$108 Console$178 Automatic Transmission$800 Wheel locks$59 Fog Lights$289 Rear Defroster$115 AC$1,099 CD Player$349 Splashguards$89 Tinted Glass$82 Transportation/ Handling$445

We do 1.Convertible$34,768 Floor Mats$225 Console$355 Spoiler$499 Anti-Theft$289 Fog Lights$289 Rear Defroster$115 AC$1,099 CD Player$349 Transportation/ Handling$2,150 Leather Seats$854

You Do 1.Truck$29,300 Floor Mats$200 Console$125 Automatic Transmission$750 Wheel locks$59 Fog Lights$289 Rear Defroster$115 AC$1,099 CD Player$349 Splashguards$89 Tinted Glass$125 Transportation/ Handling$575

Summary  Today we learned how to find the total sticker price of a new car

Homework Worksheet

WARM UP     

Consumer Finance Chapter 5: Buying and Maintaining a Car Lesson 2: Buying a Used Car

5 - 2 VOCAB  Depreciate is to decrease in value  Rebate is a return of part of a payment to a buyer

DIRECTIONS  Subtract

I/We/You DO  Find Amount Saved Price BeforeSale Price  1. $8889$8489  2. $9389$8650  3. $9989$9589  4. $8664$6894  5. $9689$9179  6. $12097$9459

I/We/You DO  Find the amount of money owed List PriceTrade-in Value  1. $16895$900  2. $15595$1200  3. $14908$2456  4. $27344$3795  5. $15238$8770  6. $16767$869

REVIEW  Today we learned how to find the price of a car after trading in another car and how much money we saved

HOMEWORK  WORKSHEET

WARM UP   125 x 40   x 52

Consumer Finance Chapter 5: Buying and Maintaining a Car Lesson 3: Financing a Car

5-3 VOCAB  Deferred Price is the total amount paid, including interest in monthly payments

DIRECTIONS (Deferred Price)  Multiply monthly payments times months  Add answer and down payments

I/We/You DO  Find Deferred Price Cash PriceDown MonthlyMonths PaymentPayments  1. $3197$99$7048  2. $5379$299$11548  3. $7984$499$17048  4. $9849$999$20248  5. $6983$299$15548  6. $7391$299$16048

DIRECTIONS (Total Interest)  Subtract Cash Price – Down Payments  Multiply monthly payments times months  Subtract 2 answers

I/We/You DO  Find Total Interest Cash PriceDown MonthlyMonths PaymentPayments  1. $3989$89$  2. $6989$1307$  3. $7789$289$  4. $4798$198$  5. $4798$ $  6. $5398NONE$

REVIEW  Today we learned how to find the deferred price, monthly payments, and total interest on a car when financing a car

HOMEWORK  WORKSHEET

Warm Up  What are some things that affect how much you pay for car insurance?

Consumer Finance Chapter 5: Buying and Maintaining a Car Lesson 4: Automobile Insurance

VOCAB  Liable – is when a person is bound by law to make good for damages done  Liability Insurance – is a policy that pays for damages done in an accident  Premium – is the amount paid for insurance

Directions  Look at the chart  Find your two numbers  Add them  If given a factor  Multiply  Answer x Factor

Chart Pers onal Inju ry Proper ty Dama ges Area10/2 0 20/4 0 40/8075/ High Risk $210$47 0 $610$835$72$84$9 9 $148 Average$167$33 9 $470$620$56$69$7 7 $98 Low Risk $140$22 9 $340$489$48$52$6 1 $73

I DO (Questions)  1. What is the premium for a 75/150/50 policy in a low risk area?  2. Find the premium for a 20/40/5 policy in a high risk area.  3. Roland lives in an average risk area and wants 10/20/10 coverage. Young men have a greater chance to be in accidents, so he is charged a factor of Find his premium.

WE DO(Questions)  1. What is the premium for a 40/80/10 policy in an average risk area?  2. Find the premium for a 10/20/25 policy in a high risk area.  3. Lindsay lives in a high risk area and wants 40/80/50 coverage. She will be using her car for business, so she is charged a factor of Find his premium.

YOU DO (Questions)  1. What is the premium for a 10/20/50 policy in a low risk area?  2. Find the premium for a 75/150/10 policy in an average risk area.  3. Woody lives in a low risk area and wants 20/40/25 coverage. He has a poor driving record, so he is charged a factor of Find his premium.

Review  What did you learn?

Homework  Worksheet

WARM UP  34567/3  45568/2  91354/5  74564/3

Consumer Finance Chapter 5: Buying and Maintaining a Car Lesson 5: Reading an Odometer

5-5 VOCAB  Odometer is a measuring device that counts the miles a car travels

DIRECTIONS  Read the number left to right hundred thousand ten thousand 1000 thousands 100 one hundred 10 tens 1 ones 1 (this number is a different color) tenths

I/We/You DO  Write the odometer in words  3046     

Consumer Finance Chapter 5: Buying and Maintaining a Car Lesson 6: Average Miles Driven per Year

5-6 VOCAB  NONE

I/We/You DO  Find Average Miles Driven per Year  OdometerYears

REVIEW  Today we learned how to read an odometer and find the average miles driven per year

HOMEWORK  WORKSHEET  Get your NOTEBOOK together  Tomorrow I am collecting all notes from

Warm Up / /

Consumer Finance Chapter 5: Buying and Maintaining a Car Lesson 7: Number of Miles Traveled

DIRECTIONS Just subtract end-beginning

I DO  Find the miles traveled BeginningEnd

WE DO  Find the miles traveled BeginningEnd

YOU DO  Find the miles traveled BeginningEnd

Consumer Finance Chapter 5: Buying and Maintaining a Car Lesson 8: Computing Gas Mileage

VOCAB GAS MILEAGE is the average number of miles a car will travel on a gallon of gas

DIRECTIONS Divide Distance / gas used = mpg

I DO Find the gas mileage (mpg) for each trip DistanceGas used miles20 gallons miles70 gallons miles15 gallons

WE DO Find the gas mileage (mpg) for each trip DistanceGas used miles12 gallons 2.25 miles1.2 gallons miles23 gallons

YOU DO Find the gas mileage (mpg) for each trip DistanceGas used miles12 gallons miles46 gallons miles10 gallons

REVIEW  Today we learned how to determine the number of miles traveled in a trip and calculate the gas mileage of a trip.

HOMEWORK  WORKSHEET

Warm Up 25 x /22 27 x /18 36 x 15

Consumer Finance Chapter 5: Buying and Maintaining a Car Lesson 9: Computing the Range of a Car

DIRECTIONS Just multiply EPA x tank capacity

VOCAB EPA Rating is the estimate of how far a car can travel on one gallon of gas Range is how far a car can travel on a given number of gallons of gas

I DO  Find the ranges (city and highway) of a car EPA RatingTank CityHighwayCapacity 1. 40mpg50mpg10gal 2.6mpg8mpg20gal 3.20mpg30mpg19gal

WE DO  Find the ranges (city and highway) of a car EPA RatingTank CityHighway Capacity 1. 7mpg9mpg16gal 2.21mpg29mpg17gal 3.8mpg12mpg10gal

YOU DO  Find the ranges (city and highway) of a car EPA RatingTank CityHighway Capacity 1. 27mpg38mpg19gal 2.9mpg30mpg9gal 3.26mpg28mpg18gal

Consumer Finance Chapter 5: Buying and Maintaining a Car Lesson 10: Computing the Fuel Needed

DIRECTIONS Divide Distance / mileage rating = amount of fuel

I DO Find the amount of fuel needed for each trip DistanceMileage Rating miles20 mpg miles27mpg miles35mpg

WE DO Find the amount of fuel needed for each trip DistanceMileage Rating miles40 mpg miles44mpg miles60mpg

YOU DO Find the amount of fuel needed for each trip DistanceMileage Rating miles32mpg miles26mpg miles32mpg

REVIEW  Today we learned how to compute the range of a car and how much fuel is needed for a trip

HOMEWORK  WORKSHEET

Warm Up 42/ x x 60 35/60 71/60

Consumer Finance Chapter 5: Buying and Maintaining a Car Lesson 11: Computing the Average Speed

DIRECTIONS Divide Minutes/60 Add that answer to the number of hours Divide Distance/time

VOCAB Miles per Hour (mph) is a unit of measurement of speed

I DO  Find the average rate of speed DistanceTime miles4 hours 30 mins miles6 hours 12 mins miles21 hours 24 mins

WE DO  Find the average rate of speed DistanceTime 1.65 miles3 hours 15 mins miles7 hours 48 mins miles8 hours 18 mins

YOU DO  Find the average rate of speed DistanceTime 1.46 miles1 hour 15 mins miles3 hours 42 mins miles3 hours 54 mins

Consumer Finance Chapter 5: Buying and Maintaining a Car Lesson 12: Computing the Travel Time

DIRECTIONS Divide Distance / average speed = time Write the whole number in front of the hours Subtract time – whole number Multiply times 60 Write this number in front of minutes __ hours __ mins

I DO Find the travel time for each trip DistanceAverage Speed miles45 mph 2.91 miles35mph 3.56 miles42mph

WE DO Find the travel time for each trip DistanceAverage Speed miles50 mph miles37mph miles47mph

YOU DO Find the travel time for each trip DistanceAverage Speed miles50 mph miles40mph miles55mph

REVIEW  Today we learned how to compute the average speed and travel time for a trip in a car

HOMEWORK  WORKSHEET

Warm Up 18 x x x x x 3.34

Consumer Finance Chapter 5: Buying and Maintaining a Car Lesson 13: Buying Gasoline

DIRECTIONS Just multiply the gallons and the price per gallon Reminder Gas Prices look like $ In the calculator you put 3.379

I DO Find the cost of gasoline Tank CapacityGas Price 1.20gal$ gal$ gal$3.29 9

WE DO Find the cost of gasoline Tank CapacityGas Price 1.22gal$ gal$ gal$3.24 9

YOU DO Find the cost of gasoline Tank CapacityGas Price 1.20gal$ gal$ gal$3.54 9

DIRECTIONS (SAVINGS) Subtract Full – Self Multiply Subtraction Answer x Tank Capacity

I DO  Find the savings of gasoline between full service and self service Tank CapacityGas Price Full ServiceSelf Service 1.20gal$ $ gal$ $ gal$ $3.19 9

WE DO  Find the savings of gasoline between full service and self service Tank CapacityGas Price Full ServiceSelf Service 1.20gal$ $ gal$ $ gal$ $3.29 9

YOU DO  Find the savings of gasoline between full service and self service Tank CapacityGas Price Full ServiceSelf Service 1.20gal$ $ gal$ $ gal$ $3.39 9

REVIEW  Today we learned how to determine the cost of gas and the amount saved by using self service over full service

HOMEWORK  WORKSHEET

Warm Up x /60 30/

Consumer Finance Chapter 5: Buying and Maintaining a Car Lesson 14: Cost of Repairs

VOCAB Parts and Labor is when the customer is charged for parts needed to fix the car and the labor (time) it takes to fix Rebuilt is describing items that have been reconstructed or extensively repaired

DIRECTIONS Add All Parts Multiply by 1.06 (sales tax) = Answer 1 Convert time to hours Mins/60 + hours Multiply that and labor rate = Answer 2 Add Answer 1 + Answer 2

I DO Find the cost of repairs when the mechanic has a labor rate of $60 per hour PartsPriceLabor Time 1.Battery$ mins 2.Muffler$35.00 Tailpipe$ hour Clamps$ shock$ mins absorbers

WE DO  Find the cost of repairs when the mechanic has a labor rate of $55 per hour PartsPriceLabor Time  1. Alternator®$ mins  Fan Belt$10.00  2. 4 Tires $ mins  3. Filter$ mins  6 cans oil$11.70

YOU DO  Find the cost of repairs when the mechanic has a labor rate of $75 per hour PartsPriceLabor Time  1. Radiator$ hr 30 mins  Antifreeze$6.99  2. Disk Brakes$ hours  Rotor$10.00  3. PS pump$ hour  Fluid$10.50

REVIEW  Today we learned how to determine the cost of repairs

HOMEWORK  Find the cost of repairs when the mechanic has a labor rate of $75 per hour PartsPriceLabor Time  1. Carburetor$ hr 18 mins  6 Plugs$8.70  2. Lights$ hr 45 mins  Muffler$79.95  3. Spark Plug$5.954 hr 15 mins  Transmission$756.23