james sees a truck at the dealership for $37,000 base price, $1,300 premium interior, $900 navigation touch…

james sees a truck at the dealership for $37,000 base price, $1,300 premium interior, $900 navigation touch - screen, and $1,400 smart traffic sensors. if his current vehicle is worth $10,000 and hes offered a 60% trade - in rate, what is the total cost of the truck after the $1,000 destination fee? $?

james sees a truck at the dealership for $37,000 base price, $1,300 premium interior, $900 navigation touch - screen, and $1,400 smart traffic sensors. if his current vehicle is worth $10,000 and hes offered a 60% trade - in rate, what is the total cost of the truck after the $1,000 destination fee? $?

Answer

Explanation:

Step1: Calculate the total cost before trade - in

Add up the base price, premium interior, navigation touch - screen, smart traffic sensors and destination fee. $37000 + 1300+900 + 1400+1000=41600$

Step2: Calculate the trade - in value

Multiply the value of the current vehicle by the trade - in rate. $10000\times0.6 = 6000$

Step3: Calculate the final cost

Subtract the trade - in value from the total cost before trade - in. $41600-6000 = 35600$

Answer:

$35600$