Before you purchase a new vehicle, it’s important to do your research to get the best deal possible. And one of the most important questions to ask is “What is the MSRP of the car that I want?” But, let’s start with what does MSRP mean: MSRP stands for Manufacturer Suggested Retail Price. This is the price that the manufacturer recommends, but it’s only part of the story. The sticker price may change from dealership to dealership, depending on a number of factors, but the MSRP does not. Let’s dive deeper in to what is the MSRP with South Point Hyundai:
The MSRP is the Manufacturer Suggested Retail Price, so it’s the price that the manufacturer recommends for the dealership. This differs from terms like base price, invoice price, and invoice price. Here are a few things to keep in mind when looking at the MSRP:
Now that you know what MSRP means, how do you use that information to get a better deal on your new car? It’s important to remember that the MSRP is not the sticker price. The difference between the MSRP and dealer price can be thousands of dollars! That means that even if you pay less than the MSRP, the dealership can still make a profit – and you can get a great deal.
You know what is the MSRP and how to negotiate, so it’s time to start your search for that new car! Contact us at South Point Hyundai in Austin for more information or start shopping online at your convenience.
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