New Car Invoice Prices and Used Car Invoice Prices Explained
Nowadays, it is easy to get to know the calculation of new car and used car invoices as well as find out the best way to negotiate it. You can also understand invoice and wholesale prices. What is exactly car invoice price?
Well, the car invoice price is the price that is given to car dealers by the automakers in the form of loan in which the
dealer gets. In this case, the automaker will only take the profit from the car sale along with the interest. Of course, every automaker(Kelley Blue Book or Nada Guides) is willing to sell more cars to customers despite it takes time because the automaker will get bigger interest and the dealer take more time to sell.
Usually, when the dealers deal with this loan, they will reach the target to sell the car products as fast as possible. In this case, they do not want to pay more interest to the automaker.
How to calculate a new car invoice?
Somehow, you probably do not know how a new car invoice is calculated. Anyway, each new car invoice is made in order to give some information related to the new car price along with suggested retail price. You can also see the window sticker that shows the MSRP price, but the invoice price is different because it is only written in the dealership document. There is holdback which becomes the common incentive for the dealer and it is usually