Warning: Undefined array key "PANTHEON_ENVIRONMENT" in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/mu-plugins/disable-plugins-in-development.php on line 8

Deprecated: Return type of CsvLine::offsetExists($offset) should either be compatible with ArrayAccess::offsetExists(mixed $offset): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/plugins/barrel-magicbox/includes/libs/CsvLine.php on line 43

Deprecated: Return type of CsvLine::offsetGet($offset) should either be compatible with ArrayAccess::offsetGet(mixed $offset): mixed, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/plugins/barrel-magicbox/includes/libs/CsvLine.php on line 52

Deprecated: Return type of CsvLine::offsetSet($offset, $value) should either be compatible with ArrayAccess::offsetSet(mixed $offset, mixed $value): void, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/plugins/barrel-magicbox/includes/libs/CsvLine.php on line 59

Deprecated: Return type of CsvLine::offsetUnset($offset) should either be compatible with ArrayAccess::offsetUnset(mixed $offset): void, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/plugins/barrel-magicbox/includes/libs/CsvLine.php on line 68

Deprecated: Return type of CsvLine::current() should either be compatible with Iterator::current(): mixed, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/plugins/barrel-magicbox/includes/libs/CsvLine.php on line 89

Deprecated: Return type of CsvLine::next() should either be compatible with Iterator::next(): void, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/plugins/barrel-magicbox/includes/libs/CsvLine.php on line 97

Deprecated: Return type of CsvLine::key() should either be compatible with Iterator::key(): mixed, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/plugins/barrel-magicbox/includes/libs/CsvLine.php on line 105

Deprecated: Return type of CsvLine::valid() should either be compatible with Iterator::valid(): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/plugins/barrel-magicbox/includes/libs/CsvLine.php on line 113

Deprecated: Return type of CsvLine::rewind() should either be compatible with Iterator::rewind(): void, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/plugins/barrel-magicbox/includes/libs/CsvLine.php on line 125

Deprecated: Return type of CsvReader::current() should either be compatible with Iterator::current(): mixed, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/plugins/barrel-magicbox/includes/libs/CsvReader.php on line 81

Deprecated: Return type of CsvReader::next() should either be compatible with Iterator::next(): void, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/plugins/barrel-magicbox/includes/libs/CsvReader.php on line 89

Deprecated: Return type of CsvReader::key() should either be compatible with Iterator::key(): mixed, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/plugins/barrel-magicbox/includes/libs/CsvReader.php on line 101

Deprecated: Return type of CsvReader::valid() should either be compatible with Iterator::valid(): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/plugins/barrel-magicbox/includes/libs/CsvReader.php on line 109

Deprecated: Return type of CsvReader::rewind() should either be compatible with Iterator::rewind(): void, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/plugins/barrel-magicbox/includes/libs/CsvReader.php on line 117

Warning: Undefined array key "post_type" in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/themes/econ-ed-link/lib/data/webinars-admin-sort.php on line 24
EconEdLink - What Car Should I Buy Activity
Notice: Function wpdb::prepare was called incorrectly. The query argument of wpdb::prepare() must have a placeholder. Please see Debugging in WordPress for more information. (This message was added in version 3.9.0.) in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-includes/functions.php on line 6031

Warning: Undefined variable $resource in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/themes/econ-ed-link/modules/hero-single/hero-single.php on line 23
Grade 9-12
,
Activity

What Car Should I Buy Activity

Time: 20 min,
Updated: September 15 2021,
Author: Council for Economic Education
Teacher Version

Objective

Students will be able to:

  • Evaluate their options when buying a car.

Standards

National Standards in Economics

National Standards in Financial Literacy

State Standards


Deprecated: Function get_page_by_title is deprecated since version 6.2.0! Use WP_Query instead. in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-includes/functions.php on line 6031

Concepts

Decision Making/Cost-Benefit Analysis

Warning: Undefined variable $resource_class in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/themes/econ-ed-link/modules/content-single/content-single.php on line 84

In this personal finance activity, students will compare the costs and benefits of new vs used cars.

Resources

Procedure

This is an individual activity where students will examine the costs and benefits of buying a new car versus buying a used car. To complete this activity, students need to follow the directions below:

  1. Watch the video What’s the Cost of Buying a New Car vs a Used Car?
  2. Use either the Quizizz activity or ReadyAssessments Activity to determine the costs and benefits of both options.
  3. After completing the review, write a brief paragraph explaining which car (new or used) you would prefer to purchase and why.
Subjects:

Warning: Undefined array key "a:2:{i:0;s:2:"13";i:1;s:1:"7";}" in /var/www/vhosts/staging.econedlink.org/httpdocs/wp-content/themes/econ-ed-link/lib/data/resource.php on line 367