Class Project

 

AN EXCELLENT EXAMPLE OF A FINISHED   PROJECT!!!!! Score = 295/300
PLEASE VISIT THE DOCUMENTS MANAGER SECTION UNDER THE MENU ON THE LEFT. DOWNLOAD AND VIEW"BUYACAR.key". OR Click on the above link to view.


WEB QUEST:

 BUYING A CAR PROJECT

One of the most exciting times in your life is when you finally get your license and you are able to drive alone, without friends or family members having to be the  licensed driver in your car while you are driving. Another exciting time is when you finally get a chance to purchase your own car. You save every penny you own to buy that first car and you finally get a chance to buy what you want.
There are many things that you must consider when you buy a car. Many of these factors will be explored throughout this project. The car that  you purchase must fit into your financial situation and you must make sure that you protect your investment. This web quest is going to give you the opportunity to pretend that you have a set amount of money to purchase a new or used vehicle.  You have been given a certain amount of money and you are to  purchase a car and insurance with this money. Enjoy the experience of picking a vehicle of your choice and insuring your vehicle with the proper amount of insurance that is mandatory in Pennsylvania.

 

 

Introduction

Your Aunt Millie has just hit the lottery and has decided to give you money to purchase a car.

She has decided to give you $500.00 a month towards your purchase.  This money needs to be used to purchase a car and pay for insurance.

You now have the opportunity to buy any car that will fit into your budget. Before you begin, you are asked to "trade in" any car in your family to help with your finances.

Trade-In Information Needed:

Year (No new cars or classic cars) pick a car at least 2 years old if possible

Make (Ford, Honda, etc)

Model (Explorer, Pilot) CHECK FOR TRIM LEVEL: Letters/Numbers following the model like "XLT", "LM", etc.

Mileage (Odometer reading)

Special Options (DVD, Navigation, Sunroof, etc)

Condition: Excellent, Good, Fair, Poor

YOU MUST PURCHASE A CAR THAT IS NEWER AND MORE EXPENSIVE THAN THE CAR YOU TRADE IN! (Example: Trade in is a 2009 Honda Pilot and Purchased car is a 2012 Ford F-150 truck) Enjoy the shopping experience!!

 

Tasks:

1.  Your cover page will consist of a title. You may use any title you wish. This page must also include your name, class period and date. Be creative and design a cover that is colorful and interesting.

2.  Your second page will be the specifics of your new car. This will include all of the options and the price that were quoted by the dealer. You may add a picture of this car if you can find one.

3.  The third page will be specifics on the vehicle that you traded in, including the price that was suggested by Kelley Blue Book or Edmunds.

4.  The fourth page will explain the payment for your new car including the insurance that you will purchase for the car and the monthly breakdown for both payments. Be sure to add these payments together and do not exceed your monthly budget of $500.00.

5.  The fifth page will be economy information on both your trade-in car and your new car such as mileage(MPG) in city and highway. Also included on this page will be a safety rating for your trade-in vehicle and the new car that you are purchasing. You must provide two examples of cars that have the safest rating and two that have the poorest ratings. Give a brief explanation on why two cars you chose have a poor rating. Your totals should reflect safety ratings on 6 cars.

6. The sixth page will include information on Pennsylvania's "Lemon Law". Be sure to provide information on how this law helps protect consumers.

7.  The seventh page will be dedicated to scams. You are to search the resources to find 4 dealer scams and 4 insurance scams that you should be aware of when purchasing a car and insurance. Provide a brief summary of each scam.

8.  The eighth page will consist of a detailed explanation on how to jump start your car.  You can also find this information in the resources provided for you. 

9. The ninth page must give credit for information that you borrowed from a source.MLA format is required.Use Easy Bib or other appropriate guide to give you an example on how to give credit for a web page. Always give credit where credit is due!!

 

WHEN USING I-PADS: USE KEYNOTE to develop your project. Please convert your Keynote to a PDF file and upload the PDF file to "Buy A Car Project" on Schoology.

YOU MAY USE MORE THAN ONE SLIDE FOR EACH PAGE IF NEEDED!

 

Resources- remember to use the sites search option if you are unable to find the information that you are looking for.

Sites to determine Trade-In Values:

 Notes: Your first task is to Appraise your Trade-In Car, find it's value using the tools found here in these sites. If using EDMUNDS, scroll down to "Used Cars" and select "Appraise Your Car". Use this to determine trade-in value. If using Kelley Blue Book, go to "What's my current car worth?" and follow the directions given.
Your second step will be to visit the link below for "Auto Loan Calculator"to determine your range of cars you can afford.

EDMUNDS

KELLEY BLUE BOOK

NOTE: Kelley Blue Book works best with the I-Pads!!!!!

CAR LOAN CALCULATOR: 
COPY AND PASTE THIS LINK TO USE:
http://www.autotrader.com/calculators/

Use the following information for the calculator:
48 months ( may change to 60 months if needed)
Interest rate of 3.5%
Sales Tax is 6 %
Trade in Value ( the number you received from your Kelley Blue Book appraisal)
Enter a "new car" price double the amount of your trade in value to start and adjust up or down as needed.(THIS IS JUST AN ESTIMATE TO HELP YOU ONLY LOOK FOR CARS YOU CAN AFFORD TO BUY!)
You are using this as a tool to find out how much car you can afford to buy. Goal is to NOT EXCEED $300.00 per month for your new car purchase.
NOW, go shopping for a car! KEEP THE AUTO LOAN CALCULATOR PAGE OPEN as you will need to return to this.
Once you find the actual price of the car you want to purchase, enter that price back into the Auto Loan Calculator to get an accurate monthly price.
Record this information to place into your project.








SITES TO SELECT/PURCHASE CARS: (Note: Manufacturer sites are only used to gain information, you may not purchase through these sites.)

FORD

CHYRYSLER

HONDA

CARS DIRECT

CARS.COM

AUTO TRADER

AUTOBYTEL

TOYOTA

Car Max

GENERAL INFORMATION YOU NEED:

SAFER CARS - Information on crash tests and safety ratings for cars
Insurance Institute for Highway Safety: Another resource for safety ratings of cars

National Highway Traffic Safety Administration - Automobile Safety Ratings/Crash Tests

Car Buying Tips -Dealer Scams/Jump Start/Loan Spreadsheets

Lemon Law Information : Lemon Law in Pennsylvania

Calculate Financing - Gives monthly payment for a car being financed

Insurance Scams - Information on common car insurance scam tactics

Choosing Car Insurance - Tips and Terms You Need To Know Before You Purchase Insurance

Fuel Economy - Search any car to determine MPG/ Fuel Economy

 

HOW TO SUBMIT YOUR PROJECT:

1. Title your project with your first initial and last name:

EXAMPLE: RGuinanBUYACAR

2. All projects will be uploaded to "Buy A Car Project" on Schoology.