How Do I Find the Invoice Price of a Car?
When looking to purchase a car, it is important to be aware of the invoice price. The invoice price is the amount that the dealer pays to the manufacturer for the vehicle. Knowing the invoice price can give you an advantage during negotiations and help you determine if you are getting a fair deal. Here are a few ways to find the invoice price of a car:
1. Manufacturer’s Website: Many car manufacturers provide the option to view the invoice price of their vehicles on their websites. Look for a section that allows you to build and price a car, and you should be able to find the invoice price there.
2. Online Research: Several websites specialize in providing information on car prices, including the invoice price. Websites like Edmunds, Kelley Blue Book, and TrueCar offer tools to help you find the invoice price of a specific car model.
3. Dealership Websites: Some dealerships may display the invoice price of their vehicles online. Check their websites or contact them directly to inquire about the invoice price.
4. Contact the Manufacturer: If you are unable to find the invoice price through online sources, reach out to the manufacturer directly. They should be able to provide you with the information you need.
5. Request a Quote: Contact multiple dealerships and request a quote for the specific car you are interested in. Ask them to include the invoice price in the quote. This way, you can compare prices and negotiate better deals.
6. Join Online Forums: Online automotive forums are a great resource for information. Join relevant forums and ask fellow car enthusiasts if they have access to the invoice price of the car you are interested in.
7. Hire a Car Buying Service: Car buying services can help you find the invoice price of a car and negotiate the best deal on your behalf. They are experienced in dealing with dealerships and can save you time and money.
FAQs:
1. Is the invoice price the same as the MSRP?
No, the MSRP (Manufacturer’s Suggested Retail Price) is the price that the manufacturer recommends the dealer sell the car for, while the invoice price is what the dealer pays the manufacturer.
2. Can I negotiate below the invoice price?
Yes, negotiating below the invoice price is possible, especially if there are incentives or rebates available.
3. Are there any extra fees included in the invoice price?
The invoice price generally does not include additional fees like taxes, registration, or destination charges.
4. How often do invoice prices change?
Invoice prices can change periodically, usually with the introduction of a new model year.
5. Can I get the invoice price on used cars?
The invoice price is only applicable to new vehicles, as it represents the cost to the dealer from the manufacturer.
6. How accurate are online sources for invoice prices?
Online sources provide a reliable estimate of the invoice price, but it is always best to cross-reference multiple sources.
7. Do all dealerships sell cars at the invoice price?
No, not all dealerships will sell cars at the invoice price. Some may offer discounts, while others may charge additional fees. It is important to research and compare prices from different dealerships.