Lesson 6: A car loan

A. Read the conversation on page 59 of the Student’s Book and answer the questions.

1. How did Nour pay for his car?
With a car loan.
2. Did Nour make a down payment?
No, he didn’t.
3. How much does Nour have to pay every month?
2 million Iraqi dinars.
4. How long for?
Five years.
5. Why wasn’t the car very expensive?
Because it’s not a new car.

B. Read the conversation again on page 59 of the Student’s Book. Look at the words in bold. Write the meaning.

1. down payment
Part of the total cost that is paid first.
2. monthly instalments
Part of the total cost that is paid every month.
3. investments
Something you buy that makes money.
4. go up in value
The amount you can sell something for increases.
5. car insurance
Money you pay to a company so you can get money if your car is lost or damaged.