What was the original price of the car?
Several marines pooled their resources and bought a used car. One of them owed 5/8 interest on it. He sold 1/5 of his to another marine for 100$. What was the original price of the car? A-750.00 B-800.00 C-850.00 D-900.00
What was the Price of a car in 1943?
Then again, actual cars were in short supply, at least in the States; the war mobilization meant that there were only a handful of '42 models, and none for '43 through '45. Once the war ended, prices rose sharply to match demand.
The sales price of a car is $12,590, which is 20% off the original price. What is the original price?
DIVIDE IT BY 100 TIMES THAT BY 20 AND THEN ADD THAT ONTO 12,590
Should you pay sticker price for a car?
It's not a girl question, it's a very valid question, if you got the time for a little homework then start with this link and understand posted stickers in vehicle's http://www.usedcartips.org/invoicecost.html Here are the top 10 mistakes buyers make # 1...Shopping with only monthly payments in mind # 2...Declaring to a salesperson "I'm paying cash, what's your best price? # 3...Not properly testing the vehicle performance # 4...Total trust in the dealership and/or salesperson # 5...Not getting the full history of the vehicle # 6...Getting sucked into after market products # 7...Advertisements that guarantee top dollars for trade # 8...Not negotiating scratches, dents, Owner's Manual, extra keys # 9...Not shopping around (going to only one dealership) # 10...Letting emotions rule over logic Study the answers at this link http://www.usedcartips.org/mistakes.html you wont become an expert over night , but you will pick up some pointers getting value for your bucks, good luck
The sales price of a car is $12,590, which is 20% off the original price. What is the original price?
You don't know the original price, so think of that as x. You know that 80% of that number (because 100% - 20% = 80%) is 12,590. In math, "of" means multiply, and "is" means equal. So, we have this equation: .8x = 12,590. To solve for x, divide both sides by .8, and you get the answer: $15,737.50. You can check that you're right by going back the other way. 20% of $15,737.50 is (15,737.50)(.2) = 3,147.50. If you subtract the discount of 3,147.5 from the original price of 15,737.50, you get the following: 15,737.50 - 3,147.50 = 12,590 And that's the sale price, so we know we're right! Later edit: Please, please ignore the people telling you to take 20% of 12,590, and then add it on because that is WRONG! If you don't believe it's wrong, check the answer by multiplying the answer by 20% and then subtracting that from the answer. You'll see you don't get back to 12,590: (12,590)(.2) = 2,518 12,590 + 2,518 = 15,108 So, their answer is 15,108. However, 20% off of that is . . . (15,108)(.2) = 3,021.60 15,108 - 3,021.60 = 12,086.40, which is WRONG!
How do you find the dealer's invoice price for a new car?
Firstly to set the correct expectations of an invoice report, there is no way to find the actual cost to a dealer. All the numbers or invoice reports are mere speculations. Though if you can actually get something below the reported invoice price consider it a jackpot!As you’re in US, the best way to get a report is online via edmunds.com or True car - Car Prices & Inventory. Though I found Autopedia - AUTOPEDIA® - The AUTOmotive encycloPEDIA a great resource for researching car pricing and other information. It also lists some car brokers who will negotiate price of your behalf for a fee, useful sometimes.In Canada, I’ve used Car Cost Canada - Get the Best Price on your next new car with no hassles for free. and Unhaggle - Get the Best Prices on New Cars with Unhaggle.com, there also offer car buying assistance for a fee. I found being pushy I was able to cut a better deal in my recent 2017 Mercedes GLE purchase (6% above invoice).My experience is that economical segment (upto $30k) there are high chances of getting the vehicle at invoice price. In the starter luxury ($30k-50k) there is some possibility, but even if you have to pay 2–5% above invoice price, its a good deal. Anything above $50k there’s hardly any chance, that’s the premium segment and they are there to make money, you’ll atleast have to pay 5–8% above invoice price but that also in special sales events or one odd model. Usually these vehicle sell around the MSRP or above, sometimes the sales person would just laugh it off!It’s better to go through invoice reports, check the dealer inventory and price quotes, and then set a price range for yourself and try to work it out. It’s always good to buy vehicle around end of month, quarter, year and specifically Oct-Dec as most dealership want to clear the inventory and would offer prices in sync with the invoice reports.Hope it helps!
What does internet price on a car mean?
It is a sales gimmick by the internet sales manager. If you go to the dealership the car will probably be advertised at $12,995 but they will easily reduce the price to $11,995 or below. They want you to think that they are giving you a special discount to get you in the store. Most people negotiate the price from the Asking price and not the true value of the vehicle. Check the selling price for similar vehicles at several dealers and check out the Kelley Bluebook Guide to get an idea of real market value. Good Luck
How is the price of a car officially determined?
Cars, like every other product, are priced based on what the sellers think will make them the most money. Companies analyze the market, and figure out what the connection will be between price and how many they can sell. As a general rule, the more they charge, the fewer they'll sell. They develop equations to determine what price will maximize their profits, and sell for that.Now, that equation depends on a lot of factors. If there are other companies selling for less, then you have to lower prices or lose customers. If cars are in high demand, or a particular kind of car is in high demand, you can charge more and people will still buy it. If the economy is doing poorly, you have to charge less, because people have less money to spend. If the economy is doing great, you may be able to push prices up without losing too many customers.The key point is that prices are always set at wherever the company thinks will make them the most money. That is the function of a company.