If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
MSRP and Invoices
I want to know what's the differences between MSRP and Invoices? MSRP +
tax is the prices we pay to the seller? How about Invoices? I saw those info. in http://www.carsdirect.com. Do they have better deal compared with car dealers? please advise. thanks!! |
Ads |
#3
|
|||
|
|||
so MSRP is the price we need to pay? invoices is the price seller need
to pay car manufacturer (factory)? wrote: > On 30 Dec 2004 22:15:23 -0800, wrote: > > >I want to know what's the differences between MSRP and Invoices? MSRP + > >tax is the prices we pay to the seller? How about Invoices? > >I saw those info. in http://www.carsdirect.com. Do they have better > >deal compared with car dealers? > > > >please advise. thanks!! > > > These prices might be direct from the factory. So, they might not > factor in dealer incentives to move some makes and models, which > means they might be a little higher than the actual invoice price. > > So.....Ah......Not sure? > > later, > > tom @ www.ChopURL.com |
#4
|
|||
|
|||
On 31 Dec 2004 11:17:52 -0800, wrote:
>so MSRP is the price we need to pay? invoices is the price seller need >to pay car manufacturer (factory)? > I think that's very well put. Usually when something happens Business-to-Business in transactions, it's called an invoice price(sometimes called wholesale price). When it is Business-to-Consumer, it's called a retail price. One thing I would highly recommend you never think, or say, "so MSRP is the price we NEED to pay?" This is very wrong. Even dealers where there is 'no haggling' you can work better deals, like the dealer absorbing the sales tax, or tossing in more freebies. If you are in the market for a new car, and aren't experienced about buying one(Myself included, I only buy used), you might want to bring someone alone who has. Remember when picking this other person, only take financial advice from people who are in the position you want to be in. later, tom @ www.BookmarkAdmin.com > wrote: >> On 30 Dec 2004 22:15:23 -0800, wrote: >> >> >I want to know what's the differences between MSRP and Invoices? >MSRP + >> >tax is the prices we pay to the seller? How about Invoices? >> >I saw those info. in http://www.carsdirect.com. Do they have better >> >deal compared with car dealers? >> > >> >please advise. thanks!! >> >> >> These prices might be direct from the factory. So, they might not >> factor in dealer incentives to move some makes and models, which >> means they might be a little higher than the actual invoice price. >> >> So.....Ah......Not sure? >> >> later, >> >> tom @ www.ChopURL.com |
#5
|
|||
|
|||
MSRP is the manufactors suggested retail price, most of the time then
the dealership will add on shipping charges for transporting the car to the lot, and then you haggle the deal down a thousand or you, but you make that up when they factor in the tax and licensing and finance charges. i am not really sure if you be getting a better deal off that website, because you will end up paying all the same charges sooner or later. |
#6
|
|||
|
|||
MSRP is the manufactors suggested retail price, most of the time then
the dealership will add on shipping charges for transporting the car to the lot, and then you haggle the deal down a thousand or you, but you make that up when they factor in the tax and licensing and finance charges. i am not really sure if you be getting a better deal off that website, because you will end up paying all the same charges sooner or later. |
#7
|
|||
|
|||
MSRP, Wholesale, and Invoice prices are three different things.
Wholesale is what the lot pays for the car. MSRP is the Manuefactors suggested retail price, which they use to get people in to look at the new cars, and then when you get there they have the little stickers in the window that show you that MSRP and then there usually is a list on things that they have added to the cars price, anywhere from tinted windows, seats, ect... and then there usually is a transportation fee that usually goes anywhere from $350 - $1500 depending on the car and how is was moved. and the total is the invoice price that they want you to pay for the car. But FYI unless you have money to throw away i wouldn't get suckered into paying Invoice. At least get $1000 below invoice on the car and get what you want on your trade in if you have one, or walk out. i have worked around the car sales business for a while and the people that i have seen that stick to there guns and ask for something that is reasonable of the carlot, usually are the ones that get the good deals, and the ones that kinda waver back and forth are the ones that will get stepped on and get a bad deal or not get a car at all. there is a whole other group that i have seen but i wont get into them. |
#8
|
|||
|
|||
On 30 Dec 2004 22:15:23 -0800, wrote:
>I want to know what's the differences between MSRP and Invoices? MSRP + >tax is the prices we pay to the seller? How about Invoices? >I saw those info. in http://www.carsdirect.com. Do they have better >deal compared with car dealers? > >please advise. thanks!! Automobile prices are always negotiable. MSRP is the retail price set by the factory. The dealer will want you to pay something close to MSRP for the car. Invoice is a slightly fictitious price that approximates what the dealer paid the factory for the car. You will want to pay something close to invoice for the car. Invoice includes a "holdback" of up to 3% to reimburse the dealer for the cost of carrying the car in inventory, so something like invoice less 3% plus destination (shipping) charge is what the dealer paid for the car. If you are trying to buy a very popular model, one the dealer can sell all of his inventory at MSRP or close to it, you won't have much negotiating room: you'll pay pretty much what the dealer asks or walk. If you are trying to buy a less popular model, or the dealer needs to get rid of inventory (especially at the end of each quarter, end of calendar year, end of model year), you should be able to negotiate something close to invoice. If the dealer is really motivated to be rid of the car, you should be able to get it for substantially less than invoice. This is where you see the "$1,000 below invoice" deals. Do not worry about taking food out of the mouths of the dealer's kids; he's probably making money on the holdback, or at worst clearing space to sell a more popular car. There are also factory rebates, promotional financing, and the like. If it's the factory's money (know the details of the promotion, which you can get from Edmunds, KBB, or the like), it should come off the negotiated deal: it's between the factory and you, not out of the dealer's profit. -- Chris Green |
#9
|
|||
|
|||
> MSRP is the retail price set by the factory. The dealer will want you
> to pay something close to MSRP for the car. > > Invoice is a slightly fictitious price that approximates what the > dealer paid the factory for the car. You will want to pay something > close to invoice for the car. > > Invoice includes a "holdback" of up to 3% to reimburse the dealer for If we buy the auto online such as http://www.carsdirect.com, then MSRP is the price the buyer need to pay? We couldn't negotiate the prices if we buy online? So in short, if we can pay the price close to invoice, then it should be a good deal. Correct? or any other good resources for buying a new car? |
#10
|
|||
|
|||
> MSRP is the retail price set by the factory. The dealer will want you
> to pay something close to MSRP for the car. > > Invoice is a slightly fictitious price that approximates what the > dealer paid the factory for the car. You will want to pay something > close to invoice for the car. > > Invoice includes a "holdback" of up to 3% to reimburse the dealer for If we buy the auto online such as http://www.carsdirect.com, then MSRP is the price the buyer need to pay? We couldn't negotiate the prices if we buy online? So in short, if we can pay the price close to invoice, then it should be a good deal. Correct? or any other good resources for buying a new car? |
Thread Tools | |
Display Modes | |
|
|