Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Chapter 23 Buying and Caring for a Vehicle Buying a Vehicle Maintaining Your Vehicle © South-Western Educational Publishing Lesson 23.1 Buying a Vehicle GOALS Describe the process of buying a new or used car, including selection, financing, and wise buying practices. Explain automobile leasing costs, processes, advantages, and disadvantages. Discuss consumer protection available for newand used-car buyers. © South-Western Educational Publishing Steps in the Car-Buying Process Identify your needs and wants. Determine what you can afford. Identify and research your choices. Decide whether to buy new or used. Get credit pre-approval. Search for available vehicles. © South-Western Educational Publishing Test drive each vehicle. Check the history of a used vehicle. Get the vehicle checked mechanically. Vehicle emission test Determine a fair price. Negotiate the price. Financing Your Car Financial institutions Car dealers Leasing a car © South-Western Educational Publishing Consumer Protection for Car Buyers Lemon laws The FTC used-car rule http://www.ftc.gov/bcp/edu/resources /forms/buyers.pdf © South-Western Educational Publishing Truth-in-Lending Act the truth-in-lending act requires lender to inform borrower of: • Amount financed • What charges are included in amount financed • Total finance charge, in dollars • Annual Percentage Rate (APR) • Payment schedule • Total amount of payments • Total sales price • Prepayment penalty, if any • Late payment penalty, if any • Security interest • Insurance charges teens – lesson 9 - slide 9-K © South-Western Educational Publishing Lesson 23.2 Maintaining Your Vehicle GOALS List the costs of owning and operating a car, from depreciation, gas, and taxes to the cost of accessories. Describe methods for extending the life of your car and maintaining its resale value. © South-Western Educational Publishing Cost of Operating a Car Gas and oil Depreciation Registration and title Maintenance and repairs Accessories © South-Western Educational Publishing Extending the Life of Your Car Maintain fluid levels. Perform routine maintenance. Keep your car in a garage. Preserve the exterior. Preserve the interior. Follow wise driving habits. © South-Western Educational Publishing