Make a 5% offer on a Volkswagen New Beetle that has a sticker price of $22,120 and a dealer cost of $20,868
To make a 5% offer on the Volkswagen New Beetle, you need to calculate 5% of the dealer cost and subtract that amount from the dealer cost.
Step 1: Calculate 5% of the dealer cost.
5% of $20,868 = 0.05 x $20,868 = $1,043.40
Step 2: Subtract 5% of the dealer cost from the dealer cost to determine the offer price.
$20,868 - $1,043.40 = $19,824.60
Therefore, a 5% offer on the Volkswagen New Beetle with a dealer cost of $20,868 would be $19,824.60.