L2 Operating a Vehicle
Completion requirements
Unit F: Finance
Operating a Vehicle
Melissa plans to buy a used car. She has a budget of $700.00 per month to cover the costs of a vehicle. Other than the monthly loan payment, what other costs are necessary to operate and maintain her vehicle?
In this lesson, the costs of operating a vehicle will be discussed.
By the end of this lesson, you will be able to
- justify the decisions related to buying, leasing, or leasing-to-buy a vehicle
- understand what the fixed costs of operating a vehicle are
- understand what the variable costs of operating a vehicle are