How to Find Car Dealer Invoice Price
When buying a new car, it’s always a good idea to know the dealer invoice price. The dealer invoice price is the amount that the car dealership paid the manufacturer for the vehicle. This information can be valuable during negotiations, as it provides a starting point for determining a fair price. Here are some tips on how to find car dealer invoice price:
1. Online Research: Many websites provide resources to find the dealer invoice price of cars. These websites allow you to search for specific makes and models and provide the dealer invoice price as well as other pricing information.
2. Contact the Manufacturer: You can try reaching out to the car manufacturer directly and ask for the invoice price of the vehicle you are interested in. They may be able to provide you with the information or direct you to a local dealership that can.
3. Utilize Car Buying Services: There are car buying services that can help you find the dealer invoice price. These services often have access to a database of dealer invoice prices and can provide you with the information you need.
4. Consult Local Dealerships: Some dealerships may be willing to share the dealer invoice price with you. Building a good relationship with a dealer and showing serious interest in purchasing a car can sometimes lead to the disclosure of this information.
5. Join Online Forums: Online car enthusiast forums can be a great resource for finding dealer invoice prices. Members often share their experiences and pricing information, including the invoice price they paid for their vehicles.
6. Hire a Car Broker: If you don’t have the time or patience to do the research yourself, you can hire a car broker who specializes in negotiating car prices. These professionals have access to dealer invoice prices and can help you get the best deal.
7. Compare Multiple Sources: It’s important to compare the dealer invoice prices from different sources to ensure accuracy. Prices can vary slightly, so cross-referencing can give you a clearer picture of the true invoice price.
FAQs:
1. Is the dealer invoice price the same as the MSRP?
No, the MSRP (Manufacturer’s Suggested Retail Price) is the price suggested by the manufacturer, while the dealer invoice price is what the dealer paid for the car.
2. Can I negotiate below the dealer invoice price?
Yes, negotiating below the dealer invoice price is possible. Dealerships often receive incentives and discounts from the manufacturer, which can allow for further negotiation.
3. Can I get the dealer invoice price for used cars?
The dealer invoice price is typically only available for new cars. However, you can research the average market value of used cars to help with negotiations.
4. Is the dealer invoice price the lowest price I can pay for a car?
Not necessarily. The dealer invoice price is a good starting point for negotiations, but other factors such as demand and current incentives can affect the final price.
5. Can I get the dealer invoice price for any car make and model?
Most car manufacturers provide dealers with an invoice price. However, some luxury brands may not disclose this information.
6. Can I use the dealer invoice price to negotiate with multiple dealerships?
Absolutely. Having the dealer invoice price allows you to compare offers from different dealerships and negotiate the best deal.
7. Is it legal for dealerships to charge more than the dealer invoice price?
Yes, dealerships can charge more than the dealer invoice price. Factors such as demand, market conditions, and additional dealer fees can influence the final price.
