This is really confusing.
Could you explain to a non-American what "below invoice" means. There are
one or two other (to me) strange references in price and discount
discussions among North Americans.
There is a posted selling price and the buyer tries to reduce it as far as
possible.
What else is there?
Thx for any enlightenment.
DAS
For direct contact replace nospam with schmetterling
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In the USA, cars have an MSRP (Manufacturers Suggested Retail Price) which
is
higher than the "invoice" price, or the cost to the dealer. However there's
lots of
under the table financing between dealers and manufacturers involving
rebates,
holdbacks and other things I don't completely understand. Suffice it to say
the
if you bought at invoice (or below) the dealer is not taking a loss. There
not in the
charity business, and can make money at or below invoice.
> This is really confusing.
>
[quoted text clipped - 10 lines]
>
> DAS
Dori A Schmetterling - 04 May 2006 13:58 GMT
Thanks for the definitions. This is clear now. How do you know what the
"invoice" price is? Isn't it supposed to be confidential? Or is it leaked
as a marketing tool? ::-)
(I take it that the MRSP is the posted price or what I have heard called the
"sticker" price in the US.)
Although I am not sure we know what the dealer's theoretical buying price is
in the UK, there are similar 'hidden' arrangements (e.g. sales bonuses from
the manufacturer) that explain selling prices that appear to be below a
'profitable' level.
DAS
For direct contact replace nospam with schmetterling
---
> In the USA, cars have an MSRP (Manufacturers Suggested Retail Price) which
> is
[quoted text clipped - 24 lines]
>>
>> DAS
jav - 04 May 2006 17:47 GMT
The "invoice" price and often be found through info on the Web, and is
sometimes
released by the dealers as a marketing tool. You can rest assured they are
not losing
money when selling a car below invoice price.
> Thanks for the definitions. This is clear now. How do you know what the
> "invoice" price is? Isn't it supposed to be confidential? Or is it
[quoted text clipped - 12 lines]
> For direct contact replace nospam with schmetterling
> ---