Question:
I looked at sticker prices on new Hondas. Does anyone know the usual mark up amount; the difference between the invoice price (what the dealer paid) and the MSRP? I think if I ask the dealer has to show me his invoice for the particular car, right?
Answers:
Depending on the model of the car, and how high the demand is for it usually dictates the margin of mark up.
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Despite everything you have ever heard about new cars EVERY dealer in the U.S. pays the exact same from the factory for the same cars.
The MSRP factory sticker includes:
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base price, installed options, manufacture transportation charges, and the fuel economy.
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The dealer sticker includes:
Dealer Sticker Price, usually on a supplemental sticker, is the MSRP plus the suggested retail price of dealer-installed options, such as additional dealer markup (ADM) or additional dealer profit (ADP), dealer preparation, and undercoating.
Here is a great link that will help you a great deal with new car buying, and educate you enough to save you money when you are ready to make your purchace.It pays to do your homework:)
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Check out autos.msn.com there you'll find the basic invoice price of the car and the MSRP.More Questions & Answers ...
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