What Is The Way To Get Factory Pricing For A New Car - Shopping

<p>In any part of the world the automobile industry is inarguably a cutthroat trade. Dealers outdo each other by offering the most discounts and freebies. Manufacturers compete from the best and most high tech designs and machines to sales rebates and holdbacks that they offer to dealers.And then there's what we call MSRP or manufacturer's suggested retail price. It's a price the factory suggests as a ceiling price. Dealers may go beyond it but it's never good for business. Instead prices may go down and this is where dealers beat each other out. How much of their profit they are willing to lose to make a sale highly depends on several factors. You have to be a good negotiator minus the attitude that salesmen despise. Above all, you have to do your homework.When purchasing a car, you need to arm yourself with information. Before walking into any dealerships' door you have to educate yourself with terminologies, acronyms and prices. Conduct a research beforehand by knowing the
MSRP for the unit you are interested with. Researching online would yield many results. And when you are ready to shop for a new car, take a calculator with you. Knowing the dealer invoice or the price dealers pay to manufacturers is the best weapon you'd have when striking a deal. But is this information really available? Most dealers are happy to reveal the price they paid for their units. But how accurate is this info? Know that the ,dealer invoice states the true amount the dealer paid for the unit plus any add-ons. And this is the same price for all dealers. Naturally, this invoice won't be available to the public. </p>

<p>Realistically, factory invoice is the closest invoice you could get your hands on. This invoice reveals the cost of the unit, additional options, destination fees and manufacturer's fees. By getting this invoice, you get to have a good idea of what fair pricing would be. Most dealerships are willing to show this to clients. If your dealer refuses to show the invoice to you, you may easily find these invoices online at Edmunds, KBB, CarFax and many more. Some manufacturer's, however, discourage this. But for popular automobile such as Honda, this information is readily available. </p>

<p>Bear in mind that the factory price is not the true amount dealers pay for. Dealers enjoy rebates and manufacturer-to-dealer incentives when they sell a unit. These rebates and incentives are higher on non or slow moving units. By knowing the factory price you get the leverage when bargaining. MSRP is a price higher than the factory's. Dealers have hidden incentives, holdbacks and rebates in factory invoices. </p>

<p>Businesses are put up for profit and not to give away inventory for a slim margin. Consumers must understand the overhead costs that must be met to keep businesses going. Some dealerships may show you this invoice while others may not. However, you have to take into account that pricing is in their full discretion.</p>

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