2. Unit 3
Owning and Operating a Vehicle
General Learning Outcome:
• Analyze the cost of operating a vehicle.
Specific Outcomes
• 3-1 Describe the methods of acquiring a
vehicle.
• 3-2 Solve problems involving the purchase
and operation of a vehicle.
3. Choosing A Vehicle
Buying a vehicle is a major
purchase. The initial cost,
the registration and
insurance, the fuel, the
maintenance costs, are
just a few things to
consider when deciding
how much you can afford
to spend.
Unit 3 – Owning & Operating A Vehicle
D-2 Solve problems involving the purchase and operation of a vehicle.
4. What is important in a vehicle?
In small groups,
comprise a list of what
your groups deems
important in a vehicle.
For example; safety
features, options, resale
value, fuel economy,
etc.
Unit 3 – Owning & Operating A Vehicle
D-2 Solve problems involving the purchase and operation of a vehicle.
5. How much can you afford to spend?
When buying a vehicle,
financial planners
generally advice that
your total debt
repayments should be
no more than 40% of
your net income.
Unit 3 – Owning & Operating A Vehicle
D-2 Solve problems involving the purchase and operation of a vehicle.
6. Example Problem
If your monthly net income is
$1200, what is the maximum
debt repayment you can
afford?
Unit 3 – Owning & Operating A Vehicle
D-2 Solve problems involving the purchase and operation of a vehicle.
7. Example Problem
What is the minimum
monthly net income that is
needed if you wish to take a
loan with monthly
repayments of $600?
Unit 3 – Owning & Operating A Vehicle
D-2 Solve problems involving the purchase and operation of a vehicle.
8. Example Problem
A new SUV is purchased from
Woodworth Dodge in Kenton for
$45 000. What are the taxes on
this purchase? What is the total
amount paid?
Unit 3 – Owning & Operating A Vehicle
D-2 Solve problems involving the purchase and operation of a vehicle.
9. Textbook Assignment
Page 139 – 140
Questions
1 - 9
Unit 3 – Owning & Operating A Vehicle
D-2 Solve problems involving the purchase and operation of a vehicle.
10. Fuel Economy
A major cost of operating a
vehicle is the fuel cost.
Every vehicle is different
when it comes to number of
litres of fuel needed to
travel 100 km. In an
imperial system fuel
economy is expressed as
miles per gallon.
Unit 3 – Owning & Operating A Vehicle
D-2 Solve problems involving the purchase and operation of a vehicle.
11. Fuel Economy – Research Activity
Using the internet, research
5 different vehicles,
recording their fuel
economy in litres per 100
km. Calculate the # of litres
required to travel 24 000 km
in one year. Calculate the
cost of fuel, using today's
price of 99.9 cents per litre.
Unit 3 – Owning & Operating A Vehicle
D-2 Solve problems involving the purchase and operation of a vehicle.
