Invoice Price vs. MSRP – What’s a Good Deal?
If you leave it up to the car salesperson, he will most certainly point at the MSRP price as the amount you have to pay for your new car. However, most new car dealerships are willing to sell you the vehicle well below sticker price. To save money and pay less on your new car purchase you need to start your online research right now. Just a few minutes online reading new car buying quality advice will introduce you to the new world of car buying where Internet is your main ally. Learn how things are properly done if you are looking for the best price on your new vehicle.
How do you know what to pay?
PriceShopping.com will show you the real difference between the invoice price and the MSRP. Knowing the price you should pay for your new car will certainly make things easier for you as you will recognize a good car deal when you see it. MSRP and invoice price are the two main ideas you need to know. To give you a heads up, we will start by establishing the differences between these two concepts and what do they represent to you.
MSRP or Manufacturer’s Suggested Retail Price is the figure the manufacturer suggests the dealer to sell the car for, as they oblige dealer to sell the car at a fixed price, they can only suggest them the ideal selling price. Usually it’s a much higher figure than the real price of the car.
Invoice price is the price that the car dealer has paid the manufacturer for the car, supposedly the true dealer cost. Still most new car dealerships receive extra discounts that make the actual dealer cost much lower. This is the way car manufacturers have to help new car dealers sell more cars.
The new car buying market is mainly dictated by the rules of demand and supply, that’s why sometimes neither the MSRP nor the invoice price is the fair price you should pay. Depending on the popularity of the vehicle, new car dealers may ask you to pay more than MSRP if it’s a hot selling model. On the other hand, if it’s a slow seller you may easily get the car way below invoice price.
Request for a price quote and learn what others are paying on your area. Gather true pricing information on the vehicle you want. By requesting for a price quote you will know invoice price, MSRP and the real market price of your new car based on the popularity of the model and in addition you will learn how to determine a good new car deal.
Request for a new car price quote, you’ll not only learn the most essential information of the new car buying process, but you will also know what you should be paying. Be able to negotiate the lowest possible price!