Used-vehicle guide - Guides published monthly that give the average prices for vehicles that were purchased from dealers during the previous month. 9.3.

Slides:

Advertisements

Similar presentations

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?

Advertisements

10 Steps. Price Shopper Best possible price Gets you from Point A to Point B Value Shopper Good Price but willing to pay for premium quality.

Keys to Car Buying Presented by Tom Stapleton. Overview Determine How Much You Can Spend Research Know What The Dealer Paid for the Car Contact The Dealer.

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?

Teens 2 lesson eight cars and loans. the costs of owning and operating a car Ownership (fixed) costs: Purchase price Sales tax Registration fee, title,

CHAPTER 23 BUYING A VEHICLE. Steps in the Car Buying Process Identify your needs and wants What do you need to do with your car? Will you drive a lot.

The Car-Buying Process Transportation. Should you buy a car?  Can you afford it? - Car payment should be no more than 20% of your take-home pay. But.

Word Problem Applications

Team 4: Vehicle Purchase: Gas vs. Diesel Kevin Mayer: Maintenance, Lifetime Andy Pak: Cost of Fuel, MPG Sam Halstead: Emissions, Power Tom Phan: Resale,

Warm Up 11/ = – = Sport truck with 42,306 miles driven on it. Average retail value is $19,600. Add $275.

Buying a Vehicle Cost of owning a vehicle: 1.Purchase Price – Amount paid for a vehicle. It is important to shop around and compare prices. 2.Depreciation.

Buying a Vehicle Cost of owning a vehicle: 1.Purchase Price – Amount paid for a vehicle 2.Depreciation - decrease in value over time 3.Financing - how.

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

6-1. McGraw-Hill/Irwin Copyright © 2006 The McGraw-Hill Companies, Inc. All rights reserved. Wise Buying of Motor Vehicles and Other Purchases 6.

Buying a Car Managing Your Financial Future. Steps in the Car Buying Process 1. Identify your needs and wants What do you need to do with your car? Will.

BUYING A CAR AND INSURING IT. WHAT IS THE DIFFERENCE BETWEEN... Type of Car You Want Type of Car You Need Type of Car you Can Afford.

Purchasing a Vehicle Can you name 7 places that you can purchase a car from? 1.By Owner 2.Used car dealership 3.New Car Dealership 4.Auction 5.Rent-A.

Purchasing a Car: Lesson 1 Coach Markus. Essential Questions 1. Should I buy a new car or a used car? 2. Where can I find the best car loan to finance.

REVIEW WINNERS 100 points Tula Matt & Peter Worked Solo Charlie Savannah Kim.

Warm Up 11/14 ($37,419 x 89%) + ($2,946 x 85%) + $715 =

7-1: Buying a Home. Costs of Financing a home: Purchase price = tag price Downpayment = a percentage of the purchase price; between 0% and 30% Interest.

1. Identify strategies for effective consumer buying 2. Implement a process for making consumer purchases 3. Describe steps to take to resolve consumer.

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?

Grant Yost. NEEDS  Four door  Automatic transition  Air conditioning  Safe  Good gas millage  Luggage space  Defrosters  Anti-lock breaks (If.

Chapter 12: Transportation. New or Used?  What are the pros and cons of each option?

Chapter 16 Part I. Laws of Ownership There are laws from different sources to protect buyers and sellers Vehicles are considered “goods” The “Uniform.

So, You Wanna Buy a Car? What goes into buying your own vehicle?

James Wachsmuth, Dan saccocio.  “super car” classification  in 3.7 seconds  288 horsepower  Hand built, carbon fiber body  Top speed 125.

Buying a Used Car. Bell Ringer When you think of a “good car,” what features and characteristics do you have in mind?

9.3 Purchasing a Used Vehicle 1)($37,419 x 89%) + ($2,946 x 85%) + $715 = 2)($15,294 x 93%) + ($860x 90%) + $595= 3)A minivans base price is $19,575. The.

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

Cerbone Unit Eight cars and loans. the costs of owning and operating a car Ownership (fixed) costs: Purchase price Sales tax Registration fee, title,

Ch New Cars: Selecting and Financing Objective: 1.Find out how to shop for a new car 2.Calculate the percent of markup 3.Calculate monthly car payments.

Chapter 8: Automobiles and Other Major Purchases.

Buying a Car. Objectives  Students will:  be able to find a car that fits your needs.  be able to decide whether a new or used car is right for you.

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

SECTION 9-3 Purchasing a Used Vehicle pp

9.3 Purchasing a Used Vehicle 1) = 2)14500 – = 3)Sport truck with 42,306 miles driven on it. Average retail value is $19,600.

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?

Vehicle Transportation. Purchasing a New Vehicle Sticker Price: The total price of the vehicle, including the base price, options, and destination charge.Sticker.

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

Copyright 2014 © W. Seth Hunter ConsumerMath.org L11.1 The Cost of a Car BUYING A CAR Having a new car is exciting, but buying a car can gut wrenching.

Copyright 2014 © W. Seth Hunter ConsumerMath.org L11.3 Negotiating the Best Price BUYING A CAR Having a new car is exciting, but buying a car can gut wrenching.

Transportation Car Project Day 2 A Doctor - A Mailman - Domino's A Coal Miner - A Dentist - A Guitar Player Estimate the number of cell phones sold every.

Car Buying Strategies Module Seven. The Three Deals The Purchase The Financing The Trade-in.

9.1 Purchasing a New Vehicle 1)What are the conditions that will allow you to make up a test if you are absent? 2)How long do you have to make up a test.

Car #1 Overview: Make Model Approximate Price Features Guess-ta-mate what it will cost to purchase,drive and insure (cost of ownership)

Allyson Palagi. Official Kelley Blue Book

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

Transportation Chapter 12. Transportation Local, state, and federal transportation offices Individual transportation –Bicycles –In-line skates –Motorcycles.

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

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.

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.

Comparing 2015 Chrysler 200 with 2015 Mazda6. With a new face for 2015, the Chrysler 200 reaches its 2nd generation. The Mazda 6 received its makeover.

Buying a Car and Insuring It. What is the Difference Between... Type of Car You Want Type of Car You Need Type of Car you Can Afford.

Key Terms Section 12.1 & 12.2  Do cars represent a fixed or flexible expense to their owners? *Carpool *Odometer *Feature *Options Question to think about!

1.What is the input? 2.What is the output? 3.Is this a linear function? 4.Is the function increasing or decreasing. Activating Prior Knowledge – Tie to.

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.

9.1 P URCHASING A N EW V EHICLE Sticker Prices are required by law. What is included in the sticker price? Base Price: the price of the engine, chassis,

Kelley Blue Book Names Hyundai Sonata a 'Best Family Car of 2015'

6.02 Meeting Transportion Needs

Vehicle Transportation

Chapter 12: Transportation

Yahoo Finance Feed The Pig 52K in Debt Living Beyond Your Means.

Purchasing a Vehicle 6.2a.

Certificate of Authenticity

SECTION 9-3 pp Purchasing a Used Vehicle.

SECTION 9-1 pp Purchasing a New Vehicle.

Purchasing a Vehicle 6.2a.

SECTION 9-3 Purchasing a Used Vehicle pp

Presentation transcript:

used-vehicle guide - Guides published monthly that give the average prices for vehicles that were purchased from dealers during the previous month. 9.3 Key Words to Know: Used Vehicles How do I find the average retail price of a used car? Average Retail Value + Additional Options – Options Deductions – Mileage Deduction ____________________ Average Retail Price Why is it smart to do research on a car before buying it?

New and Used Vehicle Value There are several Internet sites that can help you determine the value of a new or used vehicle. ◦ Edmunds.com Edmunds.com ◦ KBB.com (Kelly Blue Book) KBB.com You enter the vehicle information (features, mileage, etc.) and based on your zip code a trade-in value and a resale value is returned. Invoice prices are available on new vehicles by model and option packages.

Jackie Morris would like to purchase a used Palamino V8 four-door car, which is advertised for $15,450. It has power seats, premium sound system, leather seats, and a power sunroof. It has been driven 51,760 miles. The used-vehicle guide indicates that $575 should be subtracted if the mileage is from 45,001 to 52,500 miles. What average price should Morris keep in mind when she makes an offer for the vehicle? Example 4

Find the average retail price. Average + Additional – Options – Mileage RetailOptions Deductions Deductions Value $14,675 + ($ ) – $800 – $575 $14,675 + $1,115 – $800 – $575 = $14,415

Minivan. Average retail value is $13,375. Add $500 for left sliding door. Add $175 for power seat. Add $375 for rear air conditioning. Deduct $175 without cruise control. Deduct $125 without tilt wheel. No adjustment for mileage. What is the average price? Practice $14,125