Question

Scott needs to get a vehicle. He decides to buy a new Ford F250. NYE Auto sells Scott the truck for $36,900. a. NYE Auto charges a destination fee of $450. They also charge $550 for a license fee. If he is also charged 8.25% of the cost of the truck for sales tax, what is the total cost of the truck to Scott?

Answer 1

Car price= $36900

Sales tax 8.25%= $36900 x 8.25% = $3,044.25

Total fees= $1000

Cost of car= 36900+ 3044.25 +1000 = $40,944.25