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What is the opportunity cost of buying a new car instead of keeping the old one?
Depending on the car you have, many factors come in place. For example the new car price, if the car is V6 or V8. But usually in about $1,000 extra to in comparison to your old car.
What is the cost for buying a new car in 1930?
$3,000-$5,000
What are hidden costs when buying a new car?
Cost of maintainance is hidden when purchasing a car
Name a hidden cost when buying a new car?
Title Interest Tax Air conditioner Stereo
How much did a new car cost in 1929?
that all depends on what car you where buying. Stearns sold a car back then for 5000 dollars Ford was selling car for a couple grand
How much are new car plates when buying a car?
The answer depends on the state and possibly the car. Only your dealership or DMV will know for certain. Usually the registration cost is based on the value of the car.
Could depreciation charges on company owned equipment constitute an implicit cost to a Manufacturing Company?
Yes, depreciation is considered a loss of money that was used to purchase an item, in this case equipment. The money being lost is an opportunity cost that could have been used to purchase something else, or the depreciating item itself (i.e. a new car that depreciates greatly when you drive it off the lot) can be considered an opportunity cost for buying something with less depriciation and a more efficient use of money (i.e. a used car)
How much do the Mazda cars cost?
The cost of a Mazda car will vary depending on which country one is buying it from. In the United States they can be bought new for between $20,000 and $30,000.
How much does a new car cost on average?
How much does a new car cost?
Where should I go for car reviews if I need a new car?
Congrats on thinking about buying a new car. Here are a few websites you can go to to help you pick a new car that suits your tastes; http://www.edmunds.com/car-buying/5-questions-to-ask-before-you-say-yes-to-a-new-car-deal.html and http://www.caranddriver.com/features/buying-a-car-what-to-know-before-you-go
What documents should one have with them when buying a new car?
When you are buying a new car you will need to have the following documents with you, your drivers license and proof of insurance. You should also be ready to provide proof of income if this is the first time you are buying a car.
What is the concept of opportunity cost?
Opportunity cost is a similar concept to cost of capital, except that it suggests that "your money can only be spent once." The opportunity cost of a purchase is the loss of potential value (monetary or otherwise) incurred because one item is purchased rather than another. For example: the opportunity cost of buying a coat might be the value of having new shoes instead. In supply and demand, the question is of capital and equipment utilization -- how much of other products must you choose not to make in order to make a unit of a product? For example: how many caps will be made instead of gloves, where the opportunity cost is the value of the gloves that will not be made (the choice that was not taken).
