9.2 Dealer’s Cost

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9.2 Dealer’s Cost. Vocabulary. dealer’s cost (p. 317) The price actually paid for a vehicle by a dealer, usually expressed as a percent, which is less than the sticker price and can be negotiated. Percent of Base Price Percent of Options Price + Destination Charge
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9.2 Dealer’s CostVocabularydealer’s cost (p. 317)The price actually paid for a vehicle by a dealer, usually expressed as a percent, which is less than the sticker price and can be negotiated.Percent of Base Price Percent of Options Price+ Destination Charge___________________________________ Dealer’s CostOther FormulasBase Price×Percent of Dealer’s Cost on Base Price___________________________________ Percent of Base PriceTotal Price of Options×Percent of Dealer’s Cost on Options___________________________________ Percent of the Options PriceExampleA hatchback’s base price is $10,249. The options total $910. The destination charge is $495. Dealer pays about 93.5 percent of base price and 77 percent of options. What is the dealer’s cost?
  • Percent of base price = 10,249 x .935
  • $9582.82
  • Percent of options = 910 x .77
  • $700.70
  • Destination Charge = 495
  • 9582.82 + 700.70 + 495
  • Total = $10,778.52
  • Assignment
  • P. 318-319 1-17all
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