james sees a truck at the dealership for $50,000 base price, $1,400 premium interior, $1,700 navigation…

james sees a truck at the dealership for $50,000 base price, $1,400 premium interior, $1,700 navigation touch - screen, and $2,200 smart traffic sensors. if his current vehicle is worth $5,000 and hes offered a 80% trade - in rate, what is the total cost of the truck after the $1,200 destination fee?

james sees a truck at the dealership for $50,000 base price, $1,400 premium interior, $1,700 navigation touch - screen, and $2,200 smart traffic sensors. if his current vehicle is worth $5,000 and hes offered a 80% trade - in rate, what is the total cost of the truck after the $1,200 destination fee?

Answer

Explanation:

Step1: Calculate the total cost before trade - in

Add up the base price and all the option prices. $50000 + 1400+1700 + 2200=55300$

Step2: Calculate the trade - in value

Multiply the value of the current vehicle by the trade - in rate. $5000\times0.8 = 4000$

Step3: Calculate the cost after trade - in

Subtract the trade - in value from the total cost before trade - in and then add the destination fee. $55300-4000 + 1200=52500$

Answer:

$52500$