Grade 9-12
,
Calculator

Car Shopper App

Time: 30 mins,
Updated: December 16 2020,
Author: Council for Economic Education
Teacher Version
Objective Standards Summary Description Resources
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Objective

Students will be able to:

  • Identify how to make decisions about the cost of a new vehicle.

Standards

National Standards in Economics

National Standards in Financial Literacy

State Standards

Concepts

Decision Making/Cost-Benefit Analysis

In this personal finance calculator, students will us the app to learn how much it costs to purchase a vehicle.

Description

This car is going to cost me how much money? Use this app to see what it really costs to purchase a new car, finance it and operate it, through a cost-benefit analysis of how much your dream vehicle is going to cost to purchase, operate and finance. Students can pick from an array of different options as well as tailor the prices to fit costs in your region. Students will get a breakdown of the vehicle they just bought as well as the cost of gas/insurance per month and monthly car payment. Explore millions of different vehicle combinations.

Resources

Subjects:
Business,Economics

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