AUTO PURCHASE Selecting, financing, and insuring a new car.

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Presentation transcript:

AUTO PURCHASE Selecting, financing, and insuring a new car

You have just graduated from high school! CONGRATS! Your Uncle Bob has told you that he will give you $21,000 (maximum) to purchase new car. However, there’s a catch…

He wants you to select two models: Offer reasons why you selected your first choice over your second choice Handle the financing on your own Select the most cost-effective insurance company Provide him a rational for your choices in writing (He’s a retired Language Arts teacher.)

Selecting a new car Base your decisions on reliability, mileage, safety, performance, and depreciation

Financing Even though Uncle Bob is buying this auto for you, he wants you to experience the financing process. (Remember- he’s a retired teacher.)

Insurance

Presentation to Uncle Bob In at least three paragraphs, explain why you selected the car you did and which financing and insurance company you chose and why you selected them. (Remember- he’s a retired Language Arts teacher. Impress him with your reasoning, spelling, and grammar.)

QUESTIONS???