Enter the total car value ($), the dealership fees ($), and the taxes ($) into the Out of Door Price Calculator. This calculator can also evaluate the car value, fees, or taxes when given the other variables.
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Out of Door Price Formula
The following formula is used to calculate the Out of Door Price.
OTD = CV + F + T
- Where OTD is the Out of Door Price ($)
- CV is the total car value ($)
- F is the dealership fees ($)
- T is the taxes ($)
To calculate an out of door price, sum together the total car value, dealership fees, and taxes.
How to Calculate Out of Door Price?
The following example problems outline how to calculate Out of Door Price.
Example Problem #1
- First, determine the total car value ($).
- The total car value ($) is given as 10,000.
- Next, determine the dealership fees ($).
- The dealership fees ($) is calculated as: 3,000.
- Next, determine the taxes ($).
- The taxes ($) is found to be: 3,000.
- Finally, calculate the Out of Door Price using the formula above:
OTD = CV + F + T
Inserting the values from above yields:
OTD = 10,000 + 3,000 + 3,000 = 16,000.00 ($)
Example Problem #2
The variables needed for this problem are provided below:
total car value ($) = 15,000
dealership fees ($) = 5,000
taxes ($) = 3,000
This example problem is a test of your knowledge on the subject. Use the calculator above to check your answer.
OTD = CV + F + T = ($)
