Students visit the FORD.COM finance site and note the price and make of a vehicle that they like. Students compare the financing V.S. the leasing options available on the FORD.COM site. Students bring the monthly lease payment, monthly retail payment and cost of the vehicle to class. In class, students learn how to graph the cost of financing vs the cost of leasing a vehicle. Through classroom discussion the students arrive at an linear equation that best matches the data on their graph.
Students write a paragraph describing the advantages and disadvantages of leasing an automobile.
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