1. Key Terms Section 12.1 & 12.2  Do cars represent a fixed or flexible expense to their owners? *Carpool *Odometer *Feature *Options Question to think about! Cute Car

2. Section 12.1 & 12.2  Cost  Convenience  Speed Public Transportation  No gas or insurance fees  No repairs fees  No parking fees  No parking  Close to major offices and districts  Traffic

3. What Class?Which Model?Features and Options Evaluate Used Car Compact Midsize Full-Size Luxury Sports Utility Vans Sports Pick-up Truck There are different models of each class to decide on. Air Conditioning Power Locks Cruise Control Engine Size (4, 6, or 8 cylinder) Sound System Etc. Mismatched paint Rust Leaking fluids Check all controls and lights Bring to a mechanic!!!!!!! What Car is Right for You? Section 12.1 & 12.2

4. LifeSmart- Page 10 & 11  Visit www.edmunds.com and follow instructions from project.www.edmunds.com  Change in website:  Under the “car research” tab select “calculators”.  Enter the car payment amount you figured from your monthly gross *.15 = This amount  Choose 60 months and 3% for interest  Continue with page 11 and the monthly calculations.

5. Key Terms Section 12.3 & 12.4  Compare the types and locations of jobs you could accept if you did not own a car versus if you did own a car? *Rebate *Leasing *Invoice Price *Sticker Price Question to think about!

6. Section 12.3  Can pay cash for a new car. No to Leasing if…  Drive many or very few miles each year.  Keep your cars for many years.  Are particularly hard on your cars.

7. Section 12.4  Determine a fair price!  Invoice Price- get as close as you can to this.  Roughly 3% more than the invoice price!  Trade-In: sell it yourself!!!!! Car buying process…  Where to shop?  No-Haggle Dealers  Price is non-negotiable  Buying on the Net  Autobytel is free for buyers  When to Shop  Winter months  Beginning of a new model year – for the older model  Test Drive  Negotiate the Deal Do not tell them what you can afford!!!!!!!!

8. Transportation Essay  Type a letter to Ms. Regas/Mr. Filkins sharing what it’s like to buy a car and advising her/him on the process.  Please include no-haggle dealers, Internet purchases, and negotiations for a fair price.  Suggest what she/he should do with her/his trade- in SUV. Turn in grading bin or email: aregas@sd308.org Three Paragraphs!

9. Key Terms Section 12.5  Explain how to find and do business with an automobile repair shop!!!!! *Owner’s Manual *Maintenance Schedule *Dipstick *Tune-Up *Rebuilt *Lemon Law Question to think about!

10. Section 12.5  Routine Preventive Tasks  Tires  Oil  Other fluids  Tune-ups  Breaks  Other routine checks  Leaking fluids  Inspect belts and hoses in your engine  Exterior maintenance Maintaining your car…  Repair Services  Check them out  Build a relationship  Describe the problem  Get an estimate  Ask about guarantees  Check and pay for repairs  Save your receipts

11. Key Terms Section 14.2  What is the purpose of car insurance? *Bodily Injury Liability Coverage *Property Damage Liability Coverage *Medical Payments Coverage *Uninsured/underinsured motorist Coverage *Comprehensive Coverage *Collision Coverage *Deductible *Point *Assigned Risk Question to think about! This is how Ms. Regas Drives. Watch OUT!!!!

12. Section 14.2  250/500/50 What does this mean? Understanding the Math Your policy will pay up to a maximum of $250,000 for injuries to an one person in an accident. Your policy will pay up to a maximum of $500,000 total for all injuries to other people in a given accident. Your policy will pay up to a maximum up to $50,000 for damage to another person’s property.

13. Section 14.2  Driver Classification  Age, gender, marital status  Rating Territory  Where more claims are generated  Driving Record  Determined by points  Type of Car  Expensive to repair, thefts  Claims History Factors Affecting Your Premium  Reduce Your Premiums  Drive carefully  Air bags  A or B grade point average  Safe neighborhood  Increasing deductible

14.  Change in website for project.  Please use: http://thegeneral.com (Same site as your health insurance)http://thegeneral.com  Please select auto insurance and enter birthdate as if you are 22 years old. LifeSmart Page 12