9.1 & 9.2 New Vehicle Sticker Price & Dealer's Cost

Janet Smith is shopping for a new sport utility vehicle. A portion of the sticker for an SUV is shown below. What is the sticker price?

SUV Base Price $28,150

Optional Equipment Description Anti-Lock Brakes (ABS) $900

Automatic Transmission (ATO) $630

Deluxe CD/Radio $1,420

Destination Charge $699

Palmer Mercedes wants to buy a new sport hatchback. The base price for the car is $26,970 and the destination charge is $600. The option package, including a 12-disc CD changer for his trunk, costs $2,440. What is the sticker price?

The _________ _______ is the price of the vehicle's engine, chassis, and any other standard equipment for a particular model

• base price
• dealer's cost 
• destination charge 
• options 

The _______ ________ is the total price of the vehicle, including the base price, options, and destination charge.

• sticker price
• base price 
• dealer's cost 
• retail cost 

Taylor wants to take out a simple interest loan on a new car in the amount of $18,765. The interest rate is 6.5% for 5 years. How much will he pay in interest during the term of the loan?

How much would you have to finance on your new SUV that costs $32,995.00 if you paid 20% down?

A new vehicle is required by law to have a _____________ on its window.

• tint

• sticker price

• options

• destination charge

This is the price of the engine, chassis( that is, the vehicle's frame), and any other piece of standard equipment for a particular model.

• focus point

• model

• base price

• options

This is the cost of shipping a vehicle from the factory to the dealer.

• sticker cost

• base cost

• options charge

• destination charge

Car dealer, Johnny pays 89% for a car that has a base price of $23,998. He pays 87% of its $3,425 options price and a $460 destination charge. What is the dealer's cost?