Buying a Car Math Quiz

QUESTION 2 of 10: According to AAA the average monthly maintenance cost on a used car is 75 per month. You are looking to pay cash for

the exact same Jeep at two different dealers. Dealer "A' wants $4.995.00. Dealer "B" wants 55,595.00 with free maintenance coverage for

one year. Which is the best deal?

Respuesta :

Answer:

Dealer B

Step-by-step explanation:

Maintenance cost per year = 75$

Dealer "A' wants $4.995.00.

Dealer "B" wants 55,595.00 with free maintenance cover for a year.

It is obvious that the best deal is what dealer B is offering, with free maintenance cover per year. for example, if i pick dealer A, calculate the maintenance cover for 3years = $2700

whereas for dealer B, a whole year maintenance cost is free, it implies that one will start paying the next coming year i.e a year lesser than dealer A. by that time the one who picked dealer A must have paid $3600 for maintenance while the one who picked dealer B will about to pay $1800.

The best deal is what dealer B is offering coupled with the free maintenance cover for 1year.

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