5.1: Buying a New Car

Flashcard
•
Mathematics
•
11th - 12th Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
What is the base price of a vehicle?
Back
The base price is the manufacturer's suggested retail price (MSRP) for the vehicle without any additional options or packages.
2.
FLASHCARD QUESTION
Front
What is a destination charge?
Back
A destination charge is a fee that covers the cost of transporting the vehicle from the manufacturer to the dealership.
3.
FLASHCARD QUESTION
Front
How do you calculate the total sticker price of a vehicle?
Back
To calculate the total sticker price, add the base price of the vehicle to the costs of all selected options and packages, including any destination charges.
4.
FLASHCARD QUESTION
Front
What is the purpose of an equipment group package?
Back
An equipment group package includes a set of features and options that are bundled together, often at a discounted price compared to purchasing each item separately.
5.
FLASHCARD QUESTION
Front
What does the term 'add-on options' refer to?
Back
Add-on options are additional features or packages that can be selected to enhance the vehicle's performance, comfort, or aesthetics, which increase the total price.
6.
FLASHCARD QUESTION
Front
What is the significance of the 'sticker price' of a vehicle?
Back
The sticker price is the total price displayed on the vehicle's window sticker, which includes the base price, options, and destination charges.
7.
FLASHCARD QUESTION
Front
What is the difference between the base price and the total price of a vehicle?
Back
The base price is the starting price of the vehicle, while the total price includes the base price plus any additional options, packages, and fees.
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