1. The Open Road
A vehicle can be a symbol of freedom, but it requires responsibility.
What responsibilities come along with owning and operating a vehicle?

2. Lesson Objective Content Vocabulary
Calculate the dealer’s cost of a new vehicle.
Content Vocabulary
dealer’s cost
dealer’s cost
The price the dealer actually pays for a vehicle, usually expressed as a percent of the base price, plus a percept of the options price, plus the destination charge.

4. Example 1
The Wengs want to purchase a new car. The car has a base price of $12,905, options totaling $2,010, and a destination charge of $360. The dealer’s cost for the car is 95 percent of the base price and 89 percent of the options price.
What should they estimate as the dealer’s cost?

5. Example 1 Answer: Step 1 Find the percent of base price.
$12, × 95% = $12,259.75

6. Example 1 Answer: Step 2 Find the percent of options price.
$2, × 89% = $1,788.90

7. Example 1 Answer: Step 3 Find the dealer’s cost.
Percent of + Percent of Destination
Base Price Options Price Charge
$12, $1, $ = $14,408.65

8. Practice 1
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?

9. Practice 1 Answer
$10,778.52

10. Practice 2
A convertible’s base price is $25,495. The options total $800. The destination charge is $485. Dealer pays 90 percent of base price and 86 percent of options.
What is the dealer’s cost?

11. Practice 2 Answer
$24,118.50