In order to make money, dealerships aim to earn the most money possible on each car sale. However, other factors influence dealer pricing and can lead to unbeatable discount prices for new car buyers. Learn how to take advantage of unadvertised deals such as; factory to dealer incentives, dealership overstock clearance sales, and below invoice sale prices.
MSRP vs. Invoice Price
The MSRP or Manufacturer Suggested Retail Price is just that, a suggestion. The invoice price is what dealerships pay the manufacturer for a new vehicle. When shopping for a new car you should aim to pay less than MSRP. The closer you pay to the invoice price, the better the deal. Paying below car invoice prices will maximize your savings.
Factory to Dealer Incentives
Auto makers often provide factory to dealer incentives, to entice dealers to sell more of a specific model. Factory to dealer incentives allow dealers to … Read More