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EconEdLink - Costs of Owning a Car
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Grade 9-12
,
Activity

Costs of Owning a Car

Time: 20 mins,
Updated: December 28 2021,
Author: Council for Economic Education
Teacher Version

Objective

Students will be able to:

  • Recognize the costs associated with owning a car, truck or other vehicle.

Standards

National Standards in Economics

National Standards in Financial Literacy

State Standards


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Concepts

Markets and Prices

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In this personal finance activity, students will identify the various costs of owning a vehicle.

Resources

Procedure

This is an individual activity where students will review the costs associated with buying and owning a car, truck, or other vehicle. To complete this activity, students need to follow the directions below:

  1. Watch the video The True Cost of a Car
  2. Answer the questions in the Owning a Car Quiz or answer them in the ReadyAssessments Activity
Subjects:

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