Business Math

What is a classic car?

Which classic car do you like?

Rick Takei has a 4-wheel drive vehicle whose average retail value is $15,857. A used vehicle guide adds $60 for heated outside mirrors, $250 for rear and side airbags, $175 for cruise control, and $100 for remote keyless entry. It suggests deducting $750 for excessive mileage.

What is the average retail price?

Bellamy Previously Owned Vehicles has a 5-year-old luxury vehicle with a $17,800 average retail value. Add $450 for a tilt steering wheel and $400 for a surround-sound speaker system. Deduct $660 for excessive mileage. What is the average retail price?

What is the formula of average retail value?

Find the average retail value and average wholesale value of a car you like.Also reason out the difference in price.

Why do you like to buy a new car?

Plenary

Give a summary of the lesson.