1. What are some things you need and want in your car?
- Need: Reliable engine, good fuel efficiency, safety features (airbags, ABS), adequate seating for my family.
- Want: Sunroof, premium sound system, leather seats, advanced infotainment screen.
2. How much do you have to spend on a car?
- I have saved $15,000 for a down payment and can afford a monthly payment of up to $350 for 60 months. This gives me a total budget of approximately $36,000.
3. Buying only two brands – which, the why?
- Brand 1: Toyota – Known for reliability, low maintenance costs, and high resale value.
- Brand 2: Honda – Similar reputation for durability, excellent fuel economy, and strong safety ratings.
4. Make choices or assumptions/decisions to determine which car you will buy:
- Assumption: I prioritize long-term cost of ownership over luxury features.
- Decision: I will choose a used 2020 Toyota Corolla LE with under 30,000 miles. It fits my budget, meets my needs (reliable, safe, efficient), and has minimal wear. I will skip the sunroof and leather seats to stay within budget.
5. List three “in-the-middle” vehicles that balance their ratings, price, and your needs/wants:
- Car 1: 2020 Honda Civic EX – Balanced rating for comfort, tech, and reliability; priced around $22,000.
- Car 2: 2020 Mazda3 Touring – Higher-end interior and driving dynamics; priced around $24,000.
- Car 3: 2020 Subaru Impreza Limited – All-wheel drive standard, good safety; priced around $23,500.
Parent Tip: Review the logic above to help your child master the concept of automotive worksheet for highschool students.
