Are you looking for a new vehicle near Lexington and wondering what MSRP means? Not to worry, Spitzer Kia Mansfield has you covered! MSRP is short for Manufacturer Suggested Retail Price, which is the price that the manufacturer suggests dealerships sell the vehicles for.
The MSRP is also known as the list price and is determined by everything from current market information, including the popularity of the vehicle, to the costs associated with producing the model. Learn more about MSRP meaning below, or visit us at Spitzer Kia Mansfield and let one of our sales specialists guide you through the process.
Let’s take a closer look at MSRP meaning and what it entails so you can shop confidently for new or used vehicles near Shelby and beyond:
As the list price, an MSRP is the base price for that particular mode before any extra features or accessories are added. Although the MSRP is the recommended selling price for the vehicle, dealerships may choose to lower or raise the price based on things like availability, newness, special deals, and more. If the demand for a particular model is higher than average, a dealer may choose to increase the price from the recommended MSRP.
You’ve also probably heard the term “invoice price” while browsing at your local Ashland dealership. In simple terms, while the invoice price is the price the dealer pays the manufacturer for the vehicle, the MSRP, or the “sticker price,” is what the dealer charges the buyer.
It’s also important to remember that the MSRP is just a suggested price, so dealerships like Spitzer Kia Mansfield may be willing to negotiate the terms of your purchase to help you get a better deal. Keep in mind you can use our easy online application for financing to ensure a payment plan that works for you and your budget.
Now that you understand MSRP meaning and how it’s different from an invoice price, contact our finance team at Spitzer Kia Mansfield to get the ball rolling. Our dedicated team members are on standby and can’t wait to help you find your dream vehicle in Mansfield!
Shop New Vehicles Shop Used VehiclesPre-Qualify We Finance Everyone’s Credit Scores At Spitzer Kia Mansfield, we want everyone to experience the joy of owning a car, regardless of their credit history. Our finance team is here to assist folks with bad or no credit to get into the vehicle they want, whether you’re leasing or…
Shop New Vehicles Shop Used VehiclesMonthly Specials Sometimes life throws you curveballs. If your life changes and your current car lease doesn’t fit your life, you still have options. One of the easiest options is letting us buy out your lease. Spitzer Kia Mansfield is looking for high quality used cars, so it may make…
Shop New Vehicles Shop Used VehiclesMonthly Specials Have you been looking around Lexington to value your trade with your old car? Suddenly, you’re told the vehicle no longer retains the same value, and you owe an upside-down car loan. An upside-down car loan means the amount you still have to pay back is higher…