Thursday/Friday December 8/9

Buy/Lease a Vehicle

** Remember to keep track of your sources (web sites) used

What is the difference between buying and leasing a vehicle?

Advantages and disadvantages of each (3)

How will your life style/employment considerations effect your decision of financing?

Why consider renting a vehicle? (3 reasons )

Choose a new vehicle

compare purchase vs leasing costs

For your vehicle, you will need:

Insurance rates

Fuel Consumption

New vs Used Vehicles

Advantages and disadvantages of each (3)

Wednesday December 7

Cost of Ownership

P281 Q 1-9

Tuesday December 6

Mid Chapter Review

P 274 Q1-8

Monday December 5

Mid Chapter Review

P 274 Q1-8

Friday December 2

Retail only Cards 

Retail credit card that are M/C or Visa

dig deeper to find missing information

Find websites that will do the amortization table for you.

Car Financing details

Thursday December 1

Compare interest rates and features

1200 purchase 

50 monthly payment

19.99% interest rate

Create an amortization table

Internet Research

2 Major Credit Cards - from Canadian banks or credit unions

2 Retail credit Cards - from Canadian retailers - choose cards that are store specific use only

Terms

* interest rate

* grace period

* cash advances

* annual fee

* minimum payment

Features