Vehicle Transportation ACOS Objective Algebra 1: Use algebraic techniques to make financial and economic decisions. Today we focus on costs involved in.

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Presentation transcript:

Vehicle Transportation ACOS Objective Algebra 1: Use algebraic techniques to make financial and economic decisions. Today we focus on costs involved in buying, leasing, or renting a vehicle (including costs of running a vehicle, such as insurance and maintenance).

There are almost too many choice when it comes to purchasing a vehicle. Learn how to narrow your search by calculating the costs in relation to your budget. When Will You Ever Use This?

sticker price - The total price of a vehicle, including base price, options, and destination charge. base price - The price of a vehicle’s engine, chassis, and any other standard equipment for a particular model. options - Extra equipment on a vehicle not included in the base price, such as a sunroof, air- conditioning, and tinted glass. destination charge - The cost of shipping a vehicle from the factory to the dealer. Key Words to Know: New Vehicles Sticker = Base + Options + Destination Price Price Charge

Scott Huber is shopping for a sports car. A portion of the sticker for a convertible is shown below. What is the sticker price for this vehicle? Example 1 $25,184

Carols and Marta Alvarez are shopping for a new car. The base price is $25,535. The options are a navigation system at $1,225, an engine cooling system at $154, a trailer tow package at $568, and a keyless entry system at $132. The destination charge is $349. What is the sticker price? Example 2 Find the sticker price. Base Price + Options + Destination Charge $25,535 + ($1,225 + $154 + $568 + $132) + $349 = $27,9663

Sports car. Base price: $19,015. Options: Sport appearance package $1,224; power seats $246, premium sound system $319; removable hatch roof panels $905. Destination charge: $600. What is the sticker price? Practice $22,309

Sports utility vehicle. Base price: $26,630. Options: power sunroof $704; supplemental side airbags $431; security alarm $132. Destination charge: $625. What is the sticker price? Practice $28,522