Word: pay
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Dates: during 1960-1969
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...Only the naive agree to pay the window-sticker price for U.S.-made autos. The factory list price is merely the point at which bargaining can begin...
...Whatever customers agree to pay, they should beware of signing blank contracts; they are apt to find that their "bargain price" has been hiked. Last week Michigan's secretary of state suspended the license of a Detroit dealer after a buyer complained that he had been victimized. The buyer signed a blank contract after agreeing orally to pay $5,505 for his auto, only to find later that the price had been filled...
...customer with a used car may do better by selling it privately instead of trading it in for a new car. No matter how sound the condition of the used car, dealers generally pay only rock-bottom prices, which are set at wholesale auctions. If a car's wholesale value is $800, a dealer may offer his customer a trade-in of $1,000. In fact, he will usually make up the difference by tacking $200 onto the price...
...preferential treatment continues right up to the teller's window. Club members do business in a special section of the bank decorated in lively shades of yellow, green and blue that contrast sharply with the beige carpets and gray draperies found elsewhere. Club members pay a $3 monthly service charge and must open accounts at the bank with a $50 minimum deposit. In return, they receive 30 rainbow-colored free checks a month, a free $10,000 accidental-death policy and an open line of credit good for up to $2,000. Most accounts start small but soon grow...
...taking over controlling interests in the firms, Zambia will substitute 25-year leases for their existing leases "in perpetuity," and replace the present 44% royalty and export tax with a 51% mineral tax. The nationalized companies' holdings have a book value of about $784 million. Kaunda expects to pay shareholders for their loss entirely out of future copper profits. These are already so heavily taxed that even if dividends are maintained at their present level, the Zambian government can hope to realize only $5,000,000 a year from the two companies' $1.1 billion-a-year sales...