It will also sometimes include regional advertising fees or other fees that are legitimate. It will include all factory installed options along with the invoice price for each one. This is NOT the real invoice.Ī real vehicle invoice will have the manufacturer's logo at the top and will be addressed to the dealer. Some dealers may try to send you a "dealer generated invoice" which is basically an internal document listing their own unofficial prices including dealer-installed options. This way, you can see all the factory installed options and all the legitimate fees that are included in the invoice price. You need to ask dealers to email or fax you a copy of the official invoice. I've seen some charge as much as $1,000 for these useless items. These options may include things such as a "Dealer Protection Package", which may include fabric and paint protection. The reason is because some dealers will try to add useless options to the vehicle and quote you a price based off of a fake dealer invoice price. But to do this properly, you need to see a copy of each dealer's official vehicle invoice. Nevertheless, the car buying method I recommend involves negotiating based off of invoice price. It's not uncommon to purchase a car for below invoice price - sometimes for thousands of dollars below invoice. This is because dealers get additional kickbacks through hidden incentives and holdback. When it's all said and done, the dealer's true cost for the vehicle is usually lower than the invoice price. Think of it as the wholesale price.ĭealers want you to focus on the MSRP, which includes a hefty profit, but what you really need to focus on is the invoice price. There are generally two prices you'll encounter for each vehicle, the MSRP (Manufacturer's Suggested Retail Price) and the Invoice Price - which is what the dealer pays the manufacturer for the vehicle.
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