Foresthillshs.org



DIRECTIONS & RESOURCESLook for the car you want to purchase. Compare values to make sure the one you choose is priced correctly.Edmunds Car Buying Guide: This web site features both new and used car prices and also gives (under HYPERLINK "" \o "Tips and Advice" \t "_blank" Tips and Advice ) excellent discussion of leasing versus buying, and whether to trade-in a vehicle or sell it yourself. HYPERLINK "" \o "" \t "_blank" Kelley Blue Book; The Trusted Resource: This web site features "blue book" values--that is, prices you may expect to find when shopping for a used car from a dealer. HYPERLINK "" \o "kb/ki.dll/ke.kb.sp?kbb&&&usedCars;slp" \t "_blank" kb/ki.dll/ke.kb.sp?kbb&&&usedCars;slp Fill out the loan application. Do you have a down payment? How much do you want to finance?Credit Union: An Automobile Loan Application used to apply for a loan. the amortization calculator to help determine what your monthly payments will be.Amortization Calculator: Use this form to calculate repayments, for principal and interest, on a loan taken out for a given time period and interest rate. HYPERLINK "" \o "amortization/amortize.html" \t "_blank" amortization/amortize.html Fill in a monthly payment grid showing the options you have in interest rates and years.?Auto Loan Calculator: HYPERLINK "" \o "Calculators/auto-loan-calculator.html" \t "_blank" Calculators/auto-loan-calculator.html Write a summary of your experience in buying this car and why you made the decisions you did; The lowest interest rateThe smallest monthly paymentThe shortest timeThe loan with the lowest cost?Decision Making Grid: TO INCLUDE AND RUBRICS:Car Advertisement, Completed Loan Application, Grid of Monthly Payment OptionsSelf Evaluation Rubric: Students will fill out this rubric before turning in their projects to make sure they have included everything.lessons/docs_lessons/386_studentevaluationrubric1.pdf?Car Loan Rubric: This will be the final rubric used to grade the students projects.lessons/docs_lessons/386_CarLoanRubric1.pdf ................
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