Buy A Car Project

- Grades
- Grades 7–12
- File type
- Multiple File Types
- Answer key
- Included
- Subject
- Math, Finance, Life Skills
- Topic
- Car buying, Financial literacy
- Resource types
- Projects, Activities
- Answer key
- Included
- Standards
- 7.RP.A.3
Product description
From the author
Buy a Car Project combines car-buying vocabulary, an adult interview, vehicle research, ownership costs, loan comparisons and a final budget-based purchase decision. Use the related activities together or select individual tasks.
The download contains a 43-slide editable PowerPoint, a matching PDF and Google Slides access instructions. Sample answers and adaptable worksheets support teaching. Linked comparison tools, calculators and videos require separate access; sample prices and rates are classroom scenario data.
In the classroom
Teaching tips & learning objectives
Learning objectives
Define car-buying vocabulary such as APR, depreciation, down payment, MSRP, and principal.
Calculate the true five-year cost of owning a car, including financing, insurance, gas, and maintenance.
Apply a fixed budget to select and justify whether a chosen car is affordable.
Teaching tips
Have students complete the Interview an Adult activity before the Research a Car activity, since the interview often surfaces real costs students then verify in their own research.
Confirm access to the mistergteacher.com/car comparison tool before assigning Research a Car or True Cost to Own, since both activities rely on it for data.
Use the activity comments-and-score sheet to record feedback and marks; establish your own scoring criteria.
Skills covered
Financial vocabulary — students define and apply terms like APR, depreciation, and principal throughout the project.
Consumer research — the Research a Car and Used vs. New Car activities have students compare vehicles by cost, features, and reviews.
Loan and interest math — the Car Loans and Auto Loan Statement activities have students work with financing amounts, APRs, and monthly payments.
Good to know
Questions teachers ask about this resource
Does the project cover costs beyond the car’s purchase price?
Yes. Activities address financing, insurance, and longer-term ownership costs before students make a final decision within a stated budget.
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Curriculum
Standards, concepts & topics
Standards
- 7.RP.A.3 — Use proportional relationships to solve multistep ratio and percent problems. Examples: simple interest, tax, markups and markdowns, gratuities and commissions, fees, percent increase and decrease, percent error.
Core concepts
Car loan and APR math
True cost of ownership
Consumer comparison research
Budgeting for a major purchase
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