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Determine the Factory Invoice Price to Get the Best Deals on New Cars
Consumers should undertake the effort to determine the factory invoice price when buying a brand new car. Car prices are often determined by the factory invoice price as this is the actual price that the manufacturer will charge the dealer for every car that is displayed in the showroom floor.
Factory Invoice Price: The Facts
Thinking of buying a brand new car? It is always best to request a free price quote to determine which dealer is offering the best car prices in your area.
Remember that you have every right to ask for the invoice price when visiting the showroom but is the dealer showing you the right invoice price for your choice of car or SUV?
The invoice price that dealers often present to enthusiastic car buyers is just the theoretical price that the manufacturer will charge if the dealer sells one particular vehicle. Do you happen to know a dealer that only manages to successfully sell just one car? Understand the fact that car dealers often sell hundreds or probably thousands of automobiles a year and the manufacturer will often offer incentives and special price discounts to car dealers.
It is probably safe to assume that you will never know the exact incentives and price discounts that dealers get from specific manufacturers.
Getting the Best Deal for your Brand New Car
If you want to get the best deals on new car prices then sufficient research is necessary to determine the car that is right for your budget. This is the importance of asking for a free price quote to give you an overall idea on the prevailing price that is offered for your choice of car. Here are a couple of more tips to get you on the right track when it comes to car buying in general:
Tip #1: Choose a Specific Make and Model of Car
You need to specify the exact make and model of the car that you wish to buy. Trim options will vary but it is a good idea to know the specific car that you like. For example, if you desire a brand new Hyundai Genesis Coupe, it is best to inquire about the specific Genesis Coupe model that strikes your fancy (Hyundai Genesis Coupe 3.8 Gran Touring or 2.0T R-spec in this regard.)
Tip#2: Negotiate by Phone or Email
You will save a lot of time and money by calling two or three dealers and enable them to bid on the lowest price that you can afford. It is also a good idea to let each dealer know that you are in contact with other dealers in the area.
Car prices will also vary depending on the popularity of your choice of car. This is the reason why you should not only ask for the factory invoice price upon hitting the showroom floor as a free price quote will serve as a guideline when it comes to negotiating the car of your dreams.
Negotiation