Math for Business Ch. 9: Vehicle transportation

Includes base price, Options and the destination charge

• Sticker Price

• Dealer Price

• Tax Price

sometimes referred to as the manufacturer’s suggested

retail price (MSRP)

• Sticker Price

• Base Price

• Destination Charge

the formula

Percent of Base Price + Percent of Options Price + Destination Charge

is to find _________

• Selling Price

• Dealer's Cost

• Insurance Cost

Gives the average prices for used vehicles

• Used-Vehicle Guide

• Vehicle Statement

• Options Price

Operating and maintaining a vehicle involves numerous costs can be classified as........

• Production Cost & Maintenance Cost

• Base Cost & Options Cost

• Variable Costs & Fixed Costs

There are two types of lease a vehicle

• Closed-End & Open-End

• Temporary & permanent

• Short & Long

Means to use a vehicle by agreeing to pay a set fee. plus a per-mile rate

• Renting A Vehicle

• Buying New Vehicle

• Buying A used Vehicle

the formula is to calculate _________

• Cost per Mile

• Number of miles

• Base Cost

If Violet Atkins is purchasing a car whose

base price is $15,499 with no options and

$589 destination charge, what is its sticker

price?

• $16,088

• $16,288

• $14,910

• $15,499

If you pay $315 per month for 36 months

to lease a car and made an initial deposit

of $3,500, what additional information

would you need to determine the total

lease cost?

• the title and license fee amounts

• just the title fee amount

• just the license fee amount