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9.2 Dealer’s Cost

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 Cost

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  1. 9.2 Dealer’s Cost

  2. 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 ___________________________________ Dealer’s Cost

  3. Other Formulas Base Price ×Percent of Dealer’s Cost on Base Price ___________________________________ Percent of Base Price Total Price of Options ×Percent of Dealer’s Cost on Options ___________________________________ Percent of the Options Price

  4. Example A 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

  5. Assignment • P. 318-319 1-17all

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