Manufactured cost on a vehicle?

Question

Is there any place that you can find out the manufactured cost on a vehicle? I have a discount in which I am allowed to pay 3 percent more than what the manufactured cost of the vehicle is...but if I don't know what the cost is, I can't tell if they are being honest or not, any suggestions?

Answer 1

You will never find out the true cost, but read this link on my website http://www.usedcartips.org/invoicecost.html you will get a better understanding how the process works.

You may have a price in mind, but with the tools at hand today, I would go shopping with quotes in my back pocket, to understand what I am trying to tell, study the site

Good luck, and should you have further questions, feel free to make contact through my site

Answer 2

The truth is that many people are authorized to purchase a vehicle for a specific, reduced price that is in fact less than true dealer invoice. In all cases the buyer would have legal documentation to present to the dealer with which to establish the purchase price.

In all of these purchases that I worked with the price was established and guaranteed by the manufacturer, whether directly through the manufacturer or indirectly through another company that the manufacturer established a partnership agreement with.

In every purchase the paperwork required third party certification that created a legal agreement between the dealer and a third party. The agreement generally included a “formula” of some type to determine the buyer’s price. The dealer was allowed a reasonable profit in most cases and was supportive of the process. Do some dealer’s cheat? Not really, and particularly not in a situation where they are guided and monitored.

A certain amount of trust must exist for us to survive in business, and there are laws and rules and regulations in place to guarantee that the consumer is protected, and all but a tiny percentage are kept safe. The truth for the car business is simple; buyers are novices that are dealing with a TEAM of experienced, trained professionals with all the information and tools they need right at their fingertips, and whose job it is to create a profit in every transaction. The real issue is not about truth or honesty on their part, but instead about the disadvantage the buyer has due to lack of knowledge and experience.

You can test out your purchase price by getting the actual invoice price on your vehicle (on the internet, Edmunds.com) and comparing that to your offered price from the dealership. You should have clear and exact documentation in hand, and you should also have an "800" number to call for price verification. However, I expect the dealer will honestly assist you for the reasons previously stated.

Best to you,
Chuck Norlin-America’s Car Guy
30 years/thousands of car deals
for more information: http://www.thebestdealofyourlife.com

Answer 3

Cost or Suggested retail price? Sometimes called Manufactured suggested retail price. I know of no business that would not want to pay it's employees keep the A/C turned on and pay the big overhead it takes to put several million dollars of cars sitting on the lot for you to get a good selection of trim levels colors and interior combinations. I do not fault people for trying to get the lowest price. Having your financing ready with a bank or lender is where you will save on the interest that is compounding annually. Imagine you buy a 30,000 car after pay off interest added on 45,000 over a 7 year car loan. More money to be saved on the financial end then there is up front cost of the car. Fleet car sales are where a company includes your car in with a big order of cars may save a $1,000 or so. Just remember that dealer is paying for each car on his lot each month too.

Answer 4

THEY ARE NOT AND WILL NEVER BE HONEST, THE ONLY TO FIND OUT ACTUALLY DEALER COST IS TO KNOW THE OWNER OR MAYBE THE GENERAL MANAGER.

YOU WILL GET 3% OVER THE INVOICE PRICE BUT NOT THE DEALER PRICE.

GOOD LUCK ON YOUR VEHICLE.