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Lesson 2: Buying a Used Car Consumer Math p. 114-115
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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.
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Exercise A CarYears OldPrice Before Sale Sale PriceAmount Saved King3$8,889$8,489$400
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Exercise B List TradeTrade-in Value $16,895$900 $15,995
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Exercise C Price of Car With Trade-In With Rebate $6,395$5,645 (Subtract $750) $5,895 (Subtract $500)
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