Description

This fun financial literacy activity will give students an understanding of the costs associated with buying a car, including car payments, interest, and fees. Teach students financial decision-making and real-world math skills!

Students will research cars in their current city, then calculate tax and license fees. They’ll also use an auto payment calculator to calculate monthly payments at different terms and calculate the total amount to be repaid for each car.

Your students will enjoy shopping for cars online but will be shocked by the interest they’ll pay on the loans!