Saving up to buy a car – Great!
Now, can you afford the running costs too?
So, how much does buying and running a car really cost?
Take this challenge and find out.
Kai’s family are thinking about buying another car. The car they have now is nearing the end of its life and is not so reliable. It’s been a long time since they bought their last family car and they would like to purchase a reliable car, perhaps even a new one. There are a lot of choices when it comes to buying a car, and Kai wants to play a part in the decision-making process!
To help with this big decision, Kai will need to:
- understand the real costs of owning cars
- learn about savings goals and budgets
- evaluate the options and make an informed recommendation
You’ll use the interactive, digital calculators in this challenge to figure out what it really costs to own a car. Then you’ll calculate a savings plan for Kai to help him reach his goal. Finally, You’ll need to write a convincing argument that will persuade Kai to choose the right car for the needs of his family.
IS THIS A FREE EVENT? Yes
BROUGHT TO YOU BY: Financial Literacy Challenge