Week 1 - Juliet's Wonderful World of Social Studies



0-259080Name____________________________________________________________ Economics Consumer Project- Transportation ComparisonsDue Nov. 2nd020000Name____________________________________________________________ Economics Consumer Project- Transportation ComparisonsDue Nov. 2ndFor this portion of the consumer project you will be comparing the costs and benefits of purchasing a used car vs. a new car. As part of your considerations, you should look beyond the just the monthly payment/purchase price and think about insurance, safety, mechanical maintenance and mileage.You must research your preferred options for both buying new or used and they need to be comparable in almost all areas except age and mileage. If you need to have a 4 door sedan because you have a family, then both your car options should have 4 doors. You cannot compare an SUV to sub-compact.Your Evidence for this section must include screen shots/copies of the listings for the cars you are comparing. Type of Car Purchased: USEDVehicle DescriptionBody Style, Engine Specs, MPG’s extras etc.Financing InfoSeller InformationMechanical Considerations due to age/mileagePurchase Price:Down Payment: (if any)Used Car Lot/DealerReputation/Customer Rating?Monthly Payment:Warranty on Car, if any?Interest RateWhat are the advantages of buying used?What are the disadvantages of buying used?Type of Car Purchased: NEWVehicle DescriptionBody Style, Engine Specs, MPG’s extras etc.Financing InfoSeller InformationPurchase Price:Down Payment: (if any)DealerReputation/Customer Rating?Monthly Payment:Length of Loan?Warranty on CarInterest RateWhat are the advantages of buying new?What are the disadvantages of buying new?Transportation Reflection:After you have checked out a few vehicles and compared the pros and cons of used vs. new, determine which option you would likely choose. Remember, although price is often a major determinant in selecting a vehicle, it is rarely the only determinant. Other factors that may influence your decision might be overall value, maintenance requirements, fuel costs, passenger capacity and “cool factor”.Your reflection should be at least ? a page, typed, and should explain your decision-making process. If you have questions, check in with me. CONSUMER PROJECT: TRANSPORTATION RUBRICCategory012Transportation WorksheetsWorksheets are not filled or not filled out correctly. Only one choice (either reting or buying) is filled out. Evidence of listings is incomplete.Both parts of the transportation worksheets are filled out correctly. Evidence of listings is complete and parisonAuthor makes no comparison between buying or leasing a vehicle.Author clearly establishes the pros and cons of renting and owning one’s vehicle.MathMath is incorrect.Math is correct.Write-UpWrite-Up does not clearly explain the decision or the thinking behind it.Write-Up clearly explains the author’s decision to lease or buy and why the author made that decision.Total Score: _____/5 ................
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