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Section 02 Loans & Expenses Unit 04 Cars - Practical Money Skills

Section 02 Loans & Expenses Unit 04 Cars - Practical Money Skills

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<strong>Section</strong> <strong>02</strong> <strong>Loans</strong> & <strong>Expenses</strong><br />

<strong>Unit</strong> <strong>04</strong> <strong>Cars</strong> and <strong>Loans</strong><br />

<strong>02</strong>.<strong>04</strong>.<br />

Lesson 01<br />

.01<br />

Costs of owning and operating a car<br />

Overview<br />

Before you get too excited about how much you can afford<br />

and start looking at the fanciest sports cars or most luxurious<br />

sedans, remember that your expenses will include not only<br />

your car payment, but also your insurance, gas, maintenance,<br />

and other miscellaneous costs associated with operating a<br />

vehicle. As a general rule, the more expensive the car, the<br />

more it costs to insure and maintain it.<br />

In this lesson, students are asked to identify costs associated<br />

with owning and operating a motor vehicle and investigate the<br />

financial alternative of leasing.<br />

80 section <strong>02</strong>. loans & expenses<br />

choices & decisions

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