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Suppose you want to buy a Tesla Model S, an all-electric, zero-emission car that has a 265-mile range and can be recharged in three hours.
Suppose you want to buy a Tesla Model S, an all-electric, zero-emission car that has a 265-mile range and can be recharged in three hours. The Tesla Model S Performance model has a list price of $87.500. However, you want several options (Performance Plus Package, red multicoat armor paint, Tech Package Sound Studio Package home charging station, performance wheels, and others) that will cost $17.500. An extended warranty will add an additional $5.000. However, if you put $50.000 down now and finance the balance over the next year, you will receive a dealer rebate of $5,000 off the list price. The dealer will also give you a $7,000 trade-in allowance for your 2014 Honda Civic DX four-door sedan. In addition, you will have to pay a state sales tax of $10,000, an auto registration fee of $1.000 to the state, and a $1.000 destination charge to ship and prep the car. But because the Tesla Model S is an alternative energy vehicle, you qualify for a $2,500 state rebate and a $7.500 federal tax credit! Finally, your total finance charge is 57.000. Applying the price equation, what is your final price for the Tesla Model S? Final Price = List Price - {incentives + Allowances + Rebates) + Extra Fees Charged For the toolbar, press ALT+F10 ( Por ALT+FN+F10 (Mac)
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