Level: Advanced
Prerequisite: None
Description: Students develop the skills required to make an informed purchase or sale of a vehicle.
Parameters: Access to new and used vehicle reports and other related resources.
1.1 identify safety concerns when dealing with unfamiliar vehicles
1.2 identify the factors that affect the choice of a vehicle including:
1.2.1 intended use and length of service
1.2.2 required performance and economy
1.2.3 funds or financing available
1.2.4 emotional appeal
1.2.5 consumer reports
2.1 identify the parts of a vehicle that can be inspected by:
2.1.1 visual means
2.1.2 road testing
2.1.3 instrument checks
2.2 calculate the value of a vehicle by:
2.2.1 having it appraised by more than one experienced individual
2.2.2 comparing the appraisal to published prices
2.2.3 calculating the value through depreciation
2.2.4 comparing with the asking price of similar vehicles
3.1 describe the advantages and disadvantages of purchasing a vehicle:
3.1.1 privately
3.1.2 by auction
3.1.3 through dealers
3.1.4 through lease agencies
3.1.5 through rental agencies
3.1.6 through government agencies
3.2 select or recommend a seller based on:
3.2.1 the seller’s reputation
3.2.2 ability to service
3.2.3 willingness to back the product
3.2.4 number of vehicles to choose from
3.3 describe the advantages of selling a vehicle:
3.3.1 on consignment
3.3.2 privately
3.3.3 on a trade
3.4 clean and restore the appearance of the vehicle to “next-to-new” standards
3.5 organize and prepare a record of the vehicle’s service and maintenance record
4.1 identify legal steps when buying and selling a vehicle
4.2 prepare an offer to purchase including:
4.2.1 condition and age of the vehicle
4.2.2 dealer cost
4.2.3 profit level
4.2.4 value of trade-in
4.2.5 cost of financing
4.2.6 ability to pay or make payment
4.2.7 possible liens
5.1 research and identify safety concerns when:
5.1.1 buying a vehicle
5.1.2 selling a vehicle that has had extensive repairs due to an accident
5.2 research and identify Internet sites providing vehicle information; e.g., vehicle information report from Alberta Transportation
6.1 demonstrate fundamental skills to:
6.1.1 communicate
6.1.2 manage information
6.1.3 use numbers
6.1.4 think and solve problems
6.2 demonstrate personal management skills to:
6.2.1 demonstrate positive attitudes and behaviours
6.2.2 be responsible
6.2.3 be adaptable
6.2.4 learn continuously
6.2.5 work safely
6.3 demonstrate teamwork skills to:
6.3.1 work with others
6.3.2 participate in projects and tasks
7.1 identify short-term and long-term goals
7.2 identify steps to achieve goals