Trying to wheel and deal for a brand new automotive? Hit the brakes till you are assured you have discovered the appropriate experience.
Reply: $50,080

Questions:
- Why do you assume the typical value of latest automobiles is so excessive?
- How would you price range for getting a automotive? Take into account the down cost, month-to-month funds, rates of interest, insurance coverage, and upkeep prices.
- New automobiles usually depreciate (go down) in worth as soon as they’re pushed off the lot. How would this influence your choice to purchase a brand new automotive versus a used automotive?
- As a younger grownup, how would possibly the price of shopping for a automotive affect your selections about work, transportation, housing, or different main bills?
Click on right here for the ready-to-go slides for this Query of the Day you need to use in your classroom.
Behind the numbers (Kelley Blue E book):
“The common American new automotive purchaser paid $50,080 in September — a brand new document, and the primary time the determine has ever topped the $50,000 mark. New automotive costs have risen persistently for over a yr with out a downward tick. The ATP final month was up 2.1% from August and was increased yr over yr by 3.6%. The annual acquire of three.6% in September was the biggest acquire because the spring of 2023.”
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NGPF’s Shopping for a Automotive mini-unit will assist give your college students the arrogance they should sort out this intimidating buying course of!
About
the Writer
Kathryn Dawson
Kathryn (she/her) is happy to affix the NGPF group after 9 years of expertise in training as a mentor, tutor, and particular training trainer. She is a graduate of Cornell College with a level in coverage evaluation and administration and has a grasp’s diploma in training from Brooklyn School. Kathryn is wanting ahead to bringing her ardour for accessibility and academic justice into curriculum design at NGPF. Throughout her free time, Kathryn loves embarking on cooking tasks, strolling round her Seattle neighborhood along with her canine, or lounging in a hammock with a guide.

















