How to Find Out the Dealer Invoice Price
When shopping for a new car, it’s important to know the dealer invoice price. This is the amount that the dealer paid the manufacturer for the vehicle. Understanding the dealer invoice price can give you an advantage during negotiations and help you get the best deal possible. Here are some steps to find out the dealer invoice price:
1. Research online: There are several websites that provide information on dealer invoice prices. Websites like Edmunds, Kelley Blue Book, and TrueCar offer this information for free. Simply enter the make, model, and trim level of the car you’re interested in, and you’ll be able to see the dealer invoice price.
2. Contact the manufacturer: Some manufacturers offer a direct-to-consumer program that allows you to purchase a vehicle at or near the dealer invoice price. Contact the manufacturer’s customer service or visit their website to see if this option is available.
3. Ask the dealer: While some dealers may be hesitant to share the invoice price, it doesn’t hurt to ask. Remember that dealers make a profit by selling cars, so they may not be willing to sell at the exact invoice price. However, they may be more inclined to negotiate if you have done your research.
4. Join car forums: Online car forums are a great resource for finding out the dealer invoice price. These communities often have members who have recently purchased the same make and model as the car you’re interested in. They can provide valuable insights and help you determine the dealer invoice price.
5. Hire a car-buying service: There are companies that specialize in helping consumers buy cars at the best possible price. These services have access to the dealer invoice price and can negotiate on your behalf to get you a great deal.
FAQs:
1. What is the dealer invoice price?
The dealer invoice price is the amount that the dealer paid the manufacturer for the vehicle.
2. Why is it important to know the dealer invoice price?
Knowing the dealer invoice price can help you negotiate a better deal on a new car.
3. How accurate are the online tools that provide dealer invoice prices?
While they may not always provide the exact price, they give a good estimate of the dealer invoice price.
4. Can I negotiate the price below the dealer invoice price?
It’s possible to negotiate a price below the dealer invoice price, especially if there are incentives or rebates available.
5. Will the dealer share the invoice price with me?
Some dealers may be reluctant to share the invoice price, but it doesn’t hurt to ask.
6. Can I purchase a vehicle at the dealer invoice price directly from the manufacturer?
Some manufacturers offer a direct-to-consumer program that allows you to buy at or near the invoice price.
7. Are there any fees or additional costs on top of the dealer invoice price?
There may be additional fees such as destination charges, advertising fees, or dealer add-ons that are not included in the invoice price. It’s important to clarify these before finalizing the purchase.
