Once you find your vehicle, create a poster with a picture of the vehicle.

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1 Complete the following assignments in the space and manner requested. Some of the assignments are asking for posters. You may choose to create them electronically, which is very acceptable. If you chose to make them old school with poster paper, scissors and glue, make sure you clean up your mess. Selecting a Used Vehicle You are going to make a poster entitled Buying a. The blank will be the year, make and model of the vehicle you chose. Using a variety of used vehicle sources, find 10 of the vehicle you are interested in. If you can t find 10 of them, pick another vehicle. Cut out or print pictures of the vehicle and paste them along the left hand side. To the right of the vehicles you are going to create a comparison chart using the following criteria: cost mileage options (leather seats, 6 pack cd, sunroof etc ) # of owners other (paint job, rebuilt engine etc ) Use the information you have gathered to decide which of the vehicles you would purchase. Write a short (5 to 10 line) explanation as to why you selected that vehicle. Buying a Vehicle to Suit a Purpose Strange Ol Uncle Fred has won the lottery and is passing out money to the members of the family that he likes. Luckily for you, you are one of his favorites and he has cut you a cheque for $ There is, however, a condition. You must use the money wisely to purchase a second hand vehicle. The purchase price cannot exceed $25000 and must meet the following criteria. 1. Your vehicle must be made by Chevrolet, Dodge, Ford, Nissan or Toyota. 2. You are an accountant who likes to occasionally fish on the weekends (can this vehicle get you into a remote lake?) 3. You and your wife own a 18 speed boat (how much does the boat weigh? How much can your vehicle tow?) 4. You own two small sheltie (long hair) dogs and they travel everywhere that you do (ever try getting dog hair out of cloth seats? Leather is best.) 5. The road to the lake can be rough and mucky after a good rain. 6. You will be using this vehicle for city driving during the week. 7. Neither you nor your wife can drive a standard. 8. Sometimes instead of fishing on your off time you like to tinker in mechanics by fixing little things on your vehicles (can you do this on this vehicle?) 9. You wife drives the bowling team (4 people) every Wednesday to the league games (how many passengers can your vehicle carry?) 10. Both you and your wife love the colors forest green, silver and burgundy. Once you find your vehicle, create a poster with a picture of the vehicle.

2 How to Purchase a Used Vehicle Part 1 There are many places to purchase a vehicle where ever you go. Many times, you must be able to determine for yourself what kind of condition that the vehicle you wish to purchase is in. Examples of places where you may purchase a used vehicle include: Privately Auction Used Dealers Rental agencies Government Prepare a chart which shows: three (3) disadvantages of buying from each place. three (3) advantages of buying from each place. Part 2 Knowing what you are going to buy and how it is suppose to operate is a skill that many people do not have. Often people whom decide to purchase a used vehicle will pick it out themselves or get a friend or a mechanic to come with them as a safe guard for not buying someone else s junk. Think about the following vehicle components: Shocks Power steering box Tires Body (rust, damage, poor repairs) Interior (seats, carpet, dash, headliner) Hoses (leaky, separating) Belts (worn, missing) Auto glass Body trim Drips and puddles Make a Consumer Alert Picture List in booklet form that shows a picture of both what the part would look like in need of repair and in fine condition and provide a brief explanation about what the picture is showing. You can source your pictures on line, or make your own. (This booklet is made up of examples and explanations that a vehicle buyer could flip through to inspect some of the parts and systems of a vehicle they are interested in buying on the spot) See the examples on the following pages.

3 For Example: Tires: In need of repair. This tire is low on air and if the vehicle is driven it could damage both the tire and the rim. Properly inflated. This tire is road worthy and poses no safety concerns. Shocks: In need of repair. The shock oil is leaking out of this shock which can result in poor suspension when traveling on bumpy roads. In time the shock mounts could be damaged by the shocks constantly bottoming out. Properly working shock (no leaking). Road worthy.

4 Liens Buying a used vehicle can be a tricky thing. For you to buy the vehicle free and lien clear, the seller (generally the owner) of the vehicle must have fully paid all monies owing on the vehicle to whichever lender he / she dealt with. Complete the following questions: 1. Where do you call to check to see if a vehicle has a lien on it? 2. What is the definition of a lien? 3. What is a particular lien? 4. A lien may acquired 3 ways. Read through the information on liens, re-write the words so that a high school student will understand it better. 5. Define : a. Mortgage b. Debt c. salvor d. creditor e. real estate

5 Offer to Purchase/Bill of Sale 1. Pick any used vehicle in the Auto Trader and complete the following as though you were purchasing the vehicle today. Design an offer to purchase that includes the following: Sellers name and address (make one up) Buyers name and address Date and year or transaction Make and model and year of the vehicle Asking price Condition of vehicle (need a checklist here) Offer to purchase price (after going through the checklist) Finance options (down payment, paid outright, monthly payments etc ) Liens (need to check with Alberta registry and need vehicle VIN # to access) Signing spots for the seller, buyer and a witness. 2. Using the two provided examples of Bill of Sale found in the manual, design your own bill of sale. You may use pictures You may use any format you like as long as you use the same factors on your bill of sale as the two example bills of sale given. Vehicle Appraisals Everyone asks for what they think their vehicle is worth. No one wants to pay what is being asked when they want to buy. Knowing what the vehicle you wish to purchase is worth is yet another skill in the process of buying a vehicle. The task: You know what your perfect vehicle is. Using autotrader.ca and other used car sources, find 10 examples of that car that are of the same manufactured year. Print off and cut out a picture with caption of each vehicle. Glue each picture onto the back of the Ideal Car Checklist and fill in the checklist with the best of the information from the selected vehicle captions. If you are doing this electronically, complete the form ideal car checklist.docx. By reading the information on the checklist and comparing it to the selected vehicles, write a short 5 to 10 line paragraph on the vehicle you think you would likely purchase, based on the information you have. With a paper in hand of all of the details of your vehicle, call the local bank, ask for a loans officer and request the current price from the bluebook (or whichever book they are using) for the ideal vehicle you selected. Once you have the price of the ideal vehicle you found, re-examine the vehicles you didn t select and determine if the one you selected is the best buy for your money.