Lesson 2: Buying a Used Car Consumer Math p. 114-115.

Slides:

Advertisements

Similar presentations

Discount Pricing. Objectives Understand the concept of a discount. Determine the meaning of employee discount. Distinguish the difference between cash.

Advertisements

EC 100 Class 3.

Helping Clients Become Savvy Shoppers. Ronald Montoya, Consumer Advice Editor B.A. in Journalism from California State University, Northridge Worked at.

Engine & Transmission Fleet Warranty Engine & Transmission Warranty.

Lesson 10.1 Automobile Basics July 2011Copyright © … REMTECH, inc … All Rights Reserved1 Introduction The automobile is the primary mode of transportation.

Buying and Owning a Vehicle

9.2 How to invest in corporations

Lesson 1: Buying Furniture and Appliances Consumer Math p

© 2010 South-Western, Cengage Learning Chapter © 2010 South-Western, Cengage Learning Buying and Owning a Vehicle 23.1Buying a Vehicle 23.2Maintaining.

Exercise Exercise3.1 8 Exercise3.1 9 Exercise

Exercise Exercise Exercise Exercise

Exercise Exercise Exercise Exercise

Exercise Exercise6.1 7 Exercise6.1 8 Exercise6.1 9.

Warm Up 1. 14,000 is 2 % of what number? is 13% of what number? % of what number is 12? % of what number is 189? 560,

Mental Math Subtractions Additions

Sales Promotion Short term incentives, offered to customers to encourage buying.

ADVERTISE THIS! Our Product Name: Price: Where to buy it: How to use it and good points:

Note 4: Depreciation Depreciation occurs over time as the value of a commodity or object decreases. Example, the value of a new car. Diminishing Value.

Lesson 7.7 Concept: How to solve problems involving discounts and sales tax. Guidelines: A discount is the difference between the original price and the.

EXAMPLE 1 Finding a Sale Price You are shopping for a guitar and find one with an original price of $160. The store is offering a 30% discount on all guitars.

Think of something you would like to buy. Do you know who makes it? Do you know its price? Buying, selling, and deciding on prices are important ideas.

Exchange Rates What is an exchange rate? What types of rates exist, and how are they different? How would you graph supply and demand for a currency? Why.

Multiple Choice 1.I invest £1000 for 3 years in a bank account. At the end of the 3 years I have £1260 to the nearest pound. What was the interest rate?

Using Percents to Solve Problems

Basic Math Skills Lesson 10: Sales Tax p

PROPORTIONAL REASONING

Automobile Loans 9 th Grade Business Automobile Automobiles are typically purchased with cash or loan/ credit Auto loan-borrowed money to purchase an.

I went to the store to buy a house and it cost: $35,000 It was on Sale Discount 40% off.

8/29 Finite Math - More linear model examples linear depreciation. An asset with initial value A is depreciated linearly over N years to a scrap value.

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 8-1 Buying Plant Assets Completing a plant asset record. Buying a plant asset for cash.

Managing your Personal Finances Unit 3: Buying The Right Car For You 1.

Asymmetric Information Asymmetric Information is when parties are not equally informed. For instance, with the sale of a good, the seller may know the.

© South-Western Educational Publishing Chapter 23 Buying and Caring for a Vehicle Buying a Vehicle Maintaining Your Vehicle.

© South-Western Educational Publishing Chapter 23 Buying and Caring for a Vehicle  Buying a Vehicle  Maintaining Your Vehicle.

Yes, you can do it! Mind Calculation: Percent By Kitty Huang.

Finding an Unknown Percent What percent of 50 is 15? = Objective - To solve problems involving percents.

The Product Life Cycle The stages. Extension Strategies  There are many ways in which an org can prolong a product’s life cycle.  They can change the.

By AKUE ADOTE. Personal Computer Beginnings First Introduced:January 1982 Original Price: $595 Today’s Price : $100 Sold by: Apple The computer was one.

Number – Consumer Maths

Do Now 1)A set of golf clubs is regularly priced at $ a)If it goes on sale for 30% off, find the sale price of the set of golf clubs.

What is the average cost of a brand new car? $31,252.

Business Math JOHN MALL JUNIOR/SENIOR HIGH SCHOOL.

What to know? How much can you spend every month? What are Benefits to new, used & leases? Should I Buy or lease? Do I have a Down payment or Trade-In?

Personal Finance Section Buying a Car. Personal Finance Section  Don’t think of a car as a status symbol or a personal statement,. The best car is the.

© South-Western Educational Publishing Chapter 23 Buying and Caring for a Vehicle Buying a Vehicle Maintaining Your Vehicle.

Qualifying for a loan before you need it is called _______. Pre-Approval.

BUYING A NEW CAR Consumer Math p Key Words  Base price: the first amount listed on a car’s price  Options: extra items added to a car  Transportation.

Problem Solving: Direct Translation Problems Involving Percent.

Car Shopping. Costs of Owning a Car Depreciation Interest on loan Insurance Registration fees, license, taxes Gas Oil/fluids Tires Maintenance and repairs.

Logo Image of my product Name of my product Price + Special Offer + Sponsors Company name Pros: Brief explanation on my product (different available colours,

 As you may recall, a product is a good or service for sale in a market. For example, we buy products when we get our haircut or buy food.

Copyright 2014 © W. Seth Hunter ConsumerMath.org L12.3 Home Loans BUYING A HOUSE A home can be a castle, a refuge from outside influences. Prepare for.

7-1 BUYING A NEW CAR OBJECTIVES: 1) CLASSIFY COSTS OF OWNERSHIP AND COSTS OF OPERATION FOR A CAR 2) CALCULATE EXPENSE PER MILE FOR A CAR 3) CALCULATE MARKUP.

Green Alternatives. Ontario's $10,000 rebate plan for electric cars called a 'bribe' Toyota chafes at Ontario $10,000 EV rebate, calls it GM subsidy Ontario.

Lesson 9.2 Dealer’s Cost. Why do you pay more than the dealer does when you buy a car? Make profit on car Make profit on options Pay commission Pay destination.

Buying a Car: Road Tips By Student Name. Trade-Ins  Know car’s value  Clean completely  Wash and wax it  Clean the engine  Make minor repairs  Change.

12-3 Solving Equations with Variables on Both Sides Warm Up Solve. 1. 6n + 8 – 4n = –4w + 16 – 4w = – t – 17 – 13t = = 2(x + 7) +

LESSON How do you use percents to solve problems? Solving Percent Problems 9.3.

IGCSE Business Studies Unit – Placement (Distribution) i-study.co.uk.

© South-Western Educational Publishing Chapter 23 Buying and Caring for a Vehicle  Buying a Vehicle  Maintaining Your Vehicle.

Starter Questions 22/02/11 1.Write the following as a fraction & a decimal :- a.32%b. 63%c. 81% 2. Calculate the following :- a. 4% of £12b. 18% of £8.50.

CHAPTER 28 – CARS AND THE CONSUMER. BUYING A CAR  When you shop for a car, you should consider:  Safety  Price  Quality  Warranty  Fuel economy.

CLP: How to Choose a Car. Can you Afford a Car? As a general rule, you can afford a car loan of no more than 20% of your take-home pay An average new.

Loans. Loan An amount of money borrowed and repaid with interest Interest – Money paid for the right to borrow money  Fixed rate – rate that stays the.

© South-Western Educational Publishing Chapter 23 Buying and Caring for a Vehicle  Buying a Vehicle  Maintaining Your Vehicle.

Good or bad? Actual income was £500 less than budgeted for the period.

Discount Pricing.

Lesson 9.2 Dealer’s Cost.

Math Fu Subtraction Click to begin.

Calculating: Discount Prices

Presentation transcript:

Lesson 2: Buying a Used Car Consumer Math p

Buying a Used Car New cars depreciate, or lose value, after they are bought. Many people buy used cars because of their lower prices. Sometimes used-car dealers offer special sale prices to encourage people to buy these cars.

Exercise A CarYears OldPrice Before Sale Sale PriceAmount Saved King3$8,889$8,489$400

Exercise B List TradeTrade-in Value $16,895$900 $15,995

Exercise C Price of Car With Trade-In With Rebate $6,395$5,645 (Subtract $750) $5,895 (Subtract $500)