Lesson Plan

Lesson Plan

Facilitators Guide to purchasing or leasing a car

Lidia Gebrekristos and Malinda Brown

Table of Contents

LESSON PLAN OUTLINE...............................................................................3

ACTIVITIES INSTRUCTIONS .................................................................................................................4 Introduction................................................................................................................ 4 Discuss the advantages and disadvantages of each option ...................................... 4 Discuss the pros and cons of choosing a new or used car........................................ 5 What to look out for when shopping for car ............................................................. 5 Steps ............................................................................................................................ 5 Activity A ? What are you looking for when you want a car?.................................. 6 Activity B ? Which options are better? ...................................................................... 7 Discussion................................................................................................................... 8 Conclusion.................................................................................................................. 8

LEARNING OBJECTIVES .............................................................................. 9 EVALUATION TOOLS USED FOR FACILITATION ......................... 10

KNOWLEDGE TEST............................................................................................................................. 10 PURCHASING VS LEASING KNOWLEDGE TEST ANSWERS SHEET........................................... 11

HANDOUT FOR PARTICIPANTS ............................................................. 12 THE AUDIENCE ............................................................................................. 13 E-LEARNING ................................................................................................... 13

2

Lesson Plan Outline

Time Allotted Activities 45 Minutes Introduction

20 Minutes Activity A

Instructions ? Introduce yourself and

explain the difference between purchasing and leasing a car. ? Advantages and Disadvantages of each option ? The pros and cons of buying a new or used car ? What to look out for when shopping for car ? Steps ? Follow the instructions on

20 Minutes Activity B

? Follow the instructions on pg.

30 Minutes Discussion 5 Minutes Conclusion

? Ask knowledge questions. ? Take up answers and

summarize handout to test the learned knowledge. ? Encourage application of new knowledge learned. ? Ask for comments/feedback ? Thank the participants.

Additional Comments:

Total: 2 hours

Materials needed ? Information Sheet Handout for each participant

? Pencil or Pens ? Paper for each

participant ? Pencil or Pens ? Scenario sheet

? Knowledge test ? Pens or pencil

3

Activities Instructions

Introduction

Present the following information in an interesting way to the audience to teach them about whether to purchase or lease their first car:

First thing, introduce yourself, give your audience your background on this subject and build some credibility!

Explain what the difference between purchasing and financing a car is:

? Purchasing a car - is a method of buying a new or used car that involves paying for the entire value of the car.

? Leasing a car ? is a method of obtaining a new or used car that involves paying periodic payments for the exclusive use of the car for a term instead of paying for the whole value of the vehicle.

Discuss the advantages and disadvantages of each option

Purchasing

Advantages: ? No monthly/ interest payments ? Ownership ? You can modify the car ? Cheaper insurance

Leasing

Advantages: ? Lower down payment ? Be able to have the car for a limited time if you can't afford it ? If the car is under warranty, will be covered ? Once the lease is up, there is an option to trade for a newer model

Disadvantages: ? Drive a less prestigious vehicle ? No warranty if it's used car depending on the kilometers and year ? Will be stuck with older car unless you sell it ? The car value depreciates as soon as it is bought

Disadvantages: ? You don't own the car at the end of the lease ? If you want to keep the car, it is going to cost more ? If you want to return the car before the leasing is over, required to pay the termination fee ? Extra charges will be applied if car is over used (if you exceed kilometer)

4

Discuss the pros and cons of choosing a new or used car

New car Pros:

? Mostly come 2-3years warranty ? Latest feature options

Cons: ? Expensive to buy ? more expensive to insure

Use Card Pros:

? Cheaper ? Insurance will be cheaper than a

new car Cons:

? No warranty ? Costs to repair increase due to

longer use

What to look out for when shopping for car

? Lemon car: is a car that is often new but found to be defective only after it has been bought.

? Set a budget if paying cash or check if you can get a loan ? The Brand of the car you like to buy ? Check reputation of the dealer ? The year of the car (newer or older model) ? If the car is used check the kilometer that the car is been driven for ? How efficient is the car with gas (4 cylinder or 6 cylinder) ? Check is the car has accident history is buying used car ? Shop for insurance based on the car you would to purchase ? Check if spare is the car is available in the market with releasable price ? Have another mechanic check the car ? Test drive the car and see how it feels

Steps

? Do your research ? Talk to people ? Figure out you priority and wants ? Make a budget ? Compare cars at dealerships and prices ? Get insurance quote ? Test drive ? Figure out your options whether you should lease or finance ? Read contract before signing and understand the terms and details

*Note: 45 Minutes Total 5

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download