Assignment Task: This is an individual assignment. In a PowerPoint or word document answer the following questions for each section.

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Presentation transcript:

Assignment Task: This is an individual assignment. In a PowerPoint or word document answer the following questions for each section.

1. Compare four car dealerships Go to a dealer site and choose the model that you want. Build to your specifications. Ex. Give the price of these vehicles.  Price of vehicles (compare similar vehicles)  Do they offer financing?  What are the loan rates? Give examples of monthly payments.  What other services does the car dealership offer?  Who gave the best deal?

2. Sources of used cars ◦ Go to a second hand site such as find two second hand cars between 2 – 4 years old and provide the price. ◦ Compare prices of services at two sources of used cars.  Prices of cars  Are there warranties available?  What other services does the car dealership offer?  Who gave the best deal?

3. Car leases o Who is eligible to lease a car? o Do all car dealerships have leases available to customers? o What are car leases? How do they work? o What services do leases provide? o Can you lease the car you chose?

4. Insurance ◦ Find different rates across the country.  Compare rates for the car you chose (or similar model) in New Brunswick and another province.

5. Operating costs Use the link for driver costs and find the following information for the car you chose. Remember choose a model similar to the one you chose in size. License and Registration Depreciation Finance Expense (Car Loan) Annual driving costs Page 8 ◦ Gas ◦ Maintenance ◦ Tires

Resources Insurance ◦ Driving costs ◦ Lease information ◦