Saturday, October 6, 2007

Know How Much It's Worth Before You Buy

We suggest you to use information from the window sticker to put all the specifics about the engine, accessories and even the color, into their calculators. After that follow with three prices:
  1. MSRP. This should be very close to the suggested retail price on the sticker. If it is, then you know you've put in all of the right information.
  2. Invoice price. This is the price the dealer paid for the car.
  3. Average transaction price. Sometimes we call this "What Others Are Paying." or "The New Car Blue Book Value." It will usually be somewhere between the retail price and invoice price.