Since we have some background now regarding credits, budgeting, and loans (lines of credit), we are going to see if we can learn about how this applies to motor vehicles.
You will be split into two groups and assigned a position: Finance or Lease. These are two different ways people sometimes choose to have use of a car.
You will have one day (Wednesday) to prepare your position. Keep in mind some of the following expectations:
1. Everyone in your group MUST speak at some point during the debate.
2. Everyone must participate in the preparation.
3. Since we are new to this subject, you will likely run into some terms and concepts you don’t know. When you run into these, write them down – each group is expected to have a list of questions asking about different things they have identified in the process of preparing your argument. Things like Warranty or Insurance might be good ideas to write down as questions.
4. You need to argue why your method is the better choice.
5. Do not just look up one car and base your answer of that. Choose three different types, for example: a simple, base level car; a larger vehicle like a truck or SUV; and/or a more luxury brand vs. a universal brand and see how things change for your position.
I have included three videos here that briefly explain both Financing and Leasing, as well as a comparison of the two. You need to all watch ALL THREE before you start your own research. Some of these videos are from the UK and USA, but overall, the general rules are the same.
Financing?
Leasing?
Which One, Which One?
As previously mentioned, you will have only Wednesday to prepare for this. The Debate will occur at the beginning of class on Thursday, so make sure you are ready!
Here is how the STRUCTURE of the Debate will work:
First Side: Opening Statement (1 minute).
Second Side: Opening Statement. (1 minute).
First Side: Point #1 (1 minute).
Second Side: Rebuttal (1 minute). (A rebuttal means they are only arguing the one point presented by Side #1).
Free For All (3 minutes): Anyone can argue, it just has to be one at a time.
Second Side: Point #1. (1 minute).
First Side: Rebuttal. (1 minute)
Free For All (3 minutes).
Repeat process for Points 2, 3, etc.
First Side: Closing Statement (1 minute).
Second Side: Closing Statement (1 minute).
Here are the general RULES about the Debate:
- The speaker must stand in order to speak. They must remain standing the entire time.
- Speakers must use up all of their time. If you are given one minute, you must use the WHOLE one minute meaning you cannot go over, or be under. If you stop, the timer will be paused. If you go over, you will be cut off.
- Unless it is during a Free For All round, the person speaking cannot be interrupted.
- Everyone in your group needs to have a turn to speak.
During the Free For All round, the first person to speak is the person who stands up first. If it is a tie, the teacher will choose. You cannot stand up or crouch to speak next, you must be seated unless you are the speaker.
Remember: You cannot argue against another side if you don’t know their side. 😉
Best of luck! You’ll do great!
