What does MSRP mean when buying a new car?

Answer MSRP is an abbreviation for the phrase "manufacturer's suggested retail price." This is the sale price that the manufacturer recommends to the dealers that are selling the car. It helps set a stand... Read More »

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What does MSRP mean when buying a car?

MSRP stands for manufacturer's suggested retail price, and is the factory "list price" for new items, such as automobiles, appliances and electronics. This amount reflects an undisclosed markup--or... Read More »

What is MSRP invoice and dealer price?

The Manufacturer's Suggested Retail Price (MSRP) refers to the price that the car manufacturer believes the dealership should charge. The dealer invoice is the cost at which the car maker sells the... Read More »