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Jeremy has a 207 Toyota Prius with 150,000 miles on it. The battery needs to be replaced, which will cost $10,000. Alternatively, Jeremy is considering

Jeremy has a 207 Toyota Prius with 150,000 miles on it. The battery needs to be replaced, which will cost $10,000. Alternatively, Jeremy is considering purchasing a 5-year old Ford Taurus for $10,000. Jeremy estimated the following costs for the two cars:

Toyota Prius Ford Focus

Acquisition cost $24,000 $10,000

Repairs $10,000

Annual operating costs

(Gas, maintenance, insurance) $1,980 $1,450

The cost NOT relevant for this decision is the ________.

acquisition cost of the Toyota Prius

annual operating costs of the Ford Focus

repairs to the Ford Focus

acquisition cost of the Ford Focus

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