What Does MSRP Mean?

Auteur: John Stephens
Date De Création: 26 Janvier 2021
Date De Mise À Jour: 3 Juillet 2024
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What Does MSRP Mean And Should You Pay That Much: MSRP Vs Market Adjustment!
Vidéo: What Does MSRP Mean And Should You Pay That Much: MSRP Vs Market Adjustment!

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The manufacturer suggested retail price, or MSRP, is the price a car manufacturer suggests a vehicle should be sold for once it hits the dealership lot and is sold to the public. To come up with this figure, the manufacturer will consider factors such as the popularity of the vehicle in a particular location, manufacturing costs and trim options. However, dealers are not held to this price. They can charge anything they wish.

MSRP Located on Vehicles Sale Sticker

It is not difficult to determine a vehicles MSRP because it is typically listed on the sticker attached to the car window. However, just because the MSRP is attached to the sticker doesnt make it the "sticker price." The sticker price is the final price of the car -- what the dealer is charging the public -- and may include such things as the cost of transporting the vehicle to the lot, prepping the car for sale and installing aftermarket options.

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