User talk:Eli6
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[edit] Further Education
Here you go:
What is a dealer invoice? A dealer invoice, also called a factory invoice, is the bill from an automaker to a dealer for a vehicle the dealer acquires for the purpose of selling. A genuine dealer invoice always shows the name of the manufacturer, the name of the original dealer who ordered it (name may be different from the dealership that the customer is visiting due to dealer trades/inventory balancing etc.), and the vehicle’s identification number, or VIN.
Listed on a dealer invoice are the charges the dealer must pay the manufacturer for a vehicle, and also the suggested prices the manufacturer recommends the dealer charge consumers when selling the car at retail. The manufacturer’s charges to the dealer constitute a vehicle’s invoice price. The recommended retail prices constitute the Manufacturer’s Suggested Retail Price, or MSRP.
What factors make up the invoice price of a vehicle? Invoice price is the amount a manufacturer charges a dealership for a new automobile. This sum includes the base price of a vehicle, all options added by the manufacturer, delivery (destination) charges, holdback, regional advertising assessments, and other costs such as fuel added to the tank at the factory. Some invoices even charge for the invoice itself.
What is the difference between invoice price and base invoice price (or base price)? Base invoice price is the base wholesale charge to the dealer before options, preferred equipment packages (such as the TRD package), destination charges, etc. are added.
Can a dealer ask a price higher than MSRP? The Manufacturer’s Suggested Retail Price (MSRP) is a vehicle’s retail selling price as recommended by the manufacturer. Dealer profit is built into every item; as a result, all elements of MSRP are negotiable. A dealer may add an additional markup to the MSRP. The extra amount appears on the dealer’s price sticker normally referred to the “side sticker” or “dealer addendum” (not on the manufacturers window sticker called the Monroney label) and may be termed a "marketing adjustment" or ”additional dealer mark-up,” etc. Such added markup amounts can range from a few hundred to several thousand dollars, depending entirely upon consumer demand, product availability and what the market will bear for a specific model. To learn whether a vehicle carries an additional dealer mark-up, ask that each item on the dealer’s price sticker be identified and explained in full.
What are preferred equipment packages? Do all cars have them or can I order a car without a package? Preferred equipment packages (also known as “value equipment” or “popular equipment” packages) are different from trim level packages. A trim level package such as GT, XLT, Eddie Bauer, Limited, etc. may offer two or more preferred equipment packages to choose from. These preferred packages normally include equipment such as power windows and locks, air conditioning and stereos bundled in different groups to appeal to different buyers, and they usually offer savings over ordering the items individually. Most manufacturers require a preferred equipment package to be designated when the dealer orders a vehicle from the factory, so it is likely that a car on a franchise dealer's lot will contain some type of preferred equipment package.
Thus, now it should be very clear that even the TRD special edition FJ Cruiser has a BASE price (or base invoice price) that the dealer incurs, PLUS the MSRP of the TRD special edition package that is added in, to reflect the invoice price or MSRP of the actual vehicle itself. 13:44, 27 April 2007 (UTC)
[edit] FJ TRD
I have responded with what I think is quite the applicable information to be able to educate you on how a sticker vs. base price works on an FJ and TRD edition. Rarelibra 21:29, 26 April 2007 (UTC)