Download Buying and Owning a Car

Do it now task 1
Work out:
1. 10% of £12000
2. 20% of £9000
3. 50% of £18000
4. 60% of £6000
5. 40% of £12000
Example 1
10% of £2000
£2000 ÷ 10 = £200
Example 2
30 % of £4000
£4000 ÷ 10 = £400
3 × £400 = £1200
Do it now task 2
Convert the following to
litres:
1 gallon is approximately 4.5 litres
1. 2 gallons
2. 5 gallons
3. 10 gallons
4. 14 gallons
5. 40 gallons
Example
3 gallons is 3 × 4.5
litres = 13.5 litres
Buying and Owning a Car
http://www.youtube.com/watch?v=pvlroEvrFZY
• What interesting facts did you learn about in
this video clip?
• What important facts are missing from this
video clip?
• What are the financial considerations when
buying a new car?
Lesson Objective:
We are learning to calculate the costs of buying
and running a new car over 3 years
All: Work out simple percentages of amounts
and convert gallons into litres
Most: Identify the tax band and calculate the
price of a car.
Some: Calculate the cost of insurance and fuel
for each person over 3 years and the second
hand sale value of a vehicle after 3 years.
Your task
•
•
1.
2.
3.
You will be working in pairs
You will need to use the booklet provided to help you:
Choose a character and then choose their car
Work out the cost of buying the new car.
Over a three year period:
a.
b.
c.
d.
Identify the total cost of road tax for the vehicle
Calculate how much it would cost your character to insure their car
over the period
Calculate the total cost of fuel for your character/vehicle
combination
Work out how much the car will be worth to sell on after three
years.
4. Work out the total cost to your character over a three
year period.
Lo: We are learning to calculate the costs of buying and running a new car over 3 years