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  • Level: GCSE
  • Subject: Maths
  • Word count: 1553

Money Management - Buying a Car.

Extracts from this document...

Introduction

Jaimes Charles

Citizenship

Coursework

Money Management

Buying a Car

Section A.

F

or my first piece of coursework in ‘Money management’ I have been given the task of buying an expensive item.  To help me decide which item would be the best for me, I brainstormed with other pupils a list of suitable items and here are the results.

  • Holiday
  • House
  • House extension/renovations
  • Car
  • Boat
  • Caravan
  • House abroad (holiday home)
  • Landscape garden

I have chosen a car as my item because as I am I my final year of school, I would like to learn how to drive and eventually buy a car.  So this piece of coursework will act as good background information for when that time comes.

The list below shows some of the things I will consider when going to buy a car.

  • Age of the car
  • Car type (model)
  • Price
  • Tax
  • Insurance
  • How to pay
  • Petrol or diesel
  • Used or brand new
  • Manual or automatic

Section B – Methods of enquiry.

Method 1

The most popular car on the road.

  1. To find out what the most popular car is I will give out a questionnaire and make a tally sheet.  The most frequent car that appears in my survey will be the one I will tally from the most popular to the most unpopular.  The reason I will be doing this is to find out what the general public is thinking.

Prices of the most popular car brought in a car showroom.

...read more.

Middle

I have decided to look at loans because when I have compared the interest rates they are really expensive.  I will look at a loan from a bank and a loan from the supermarket and compare the interest rates.

PREDICTION

I think that a loan from a supermarket would be cheaper than a loan from a bank because looking at the interest rates on the leaflets they are much lower than the rates of the bank.

From the list below I am going to look at THE MODEL OF A CAR and the PRICE of a car.  I am putting these two topics together because the price of a car will depend on what model it is.

MODEL

To find out what model of car I should buy I could send out a survey to the general public and find out the most popular car on the road at the moment.

PRICE

To find out the price of the car I could visit a showroom and ask thm for a price list.  This might differ from showroom to showroom and I want to get the best affordable price.  I made up another brainstorm of factors that might affect the price of a car.  Here they are.

  • New or second hand
  • Petrol or diesel
  • Location showroom in the city or private dealer

I have decided to look at the price of a second hand car because I cannot afford a brand new one.

...read more.

Conclusion

c3">  Purple     silver      Grey       Orange      White
  1. What most appeals to you? -    manual       automatic
  1. What is your current state of employment? -   full-time     part-time                  student

Thank you for completing this questionnaire.

COLLECTED DATA

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image08.pngimage01.png

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I decided to write up a tally chart to show the most popular car in my area.  I did this over a three-hour period on three weekday evenings at 5.30 and these are the results that I got.

TYPE OF CAR

FREQUENCY

TOTAL

PEUGEOT

I

1

PORSCHE

IIII  IIII

10

VOLKSWAGEN BEETLE (NEW MODEL)

IIII  IIII  IIII  IIII  IIII IIII IIII  IIII

40

LEXUS

IIII

5

BMW

IIII

5

MERCEDES

IIII  IIII  IIII

15

SMART CARS

IIII

4

FERRARI

IIII  IIII

9

JAGUAR

IIII  II

7

FORD KA

IIII

4

My tally shows that my most popular car is Volkswagen Beetle (the new model) and my least popular car is the Ford Ka.  I have shown this information on the previous page.

image09.png

image03.pngimage10.png

image04.png

image11.png

...read more.

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