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A car dealer offers 5 percent off the invoice price of a new car customer buys a car with an invoice price of 24500 how many dollars does the customer save?
Wiki User
∙ 11y ago
The customer saves $1,225.00
Wiki User
∙ 11y ago
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What is the dealer invoice?
dealer invoice is ?
What is dealer invoice?
Dealer invoice is a term used to describe dealer cost of the vehicle.
How much did a Corvette cost in 1979?
cant tell you exactly, but i had a '77 trans am with the dealer invoice in the glove box that was $5400 or so dollars ..
What is an invoice price?
The price a car dealer pays to the manufacturer for each vehicle he buys.The invoice price is sometimes used as a tool to sell by the car dealer implying that the customer is buying at cost without telling them about bonus money and hold back that can be in the thousands. This system also allows the dealer to "not show a profit" bypass paying a commission on profit to the sales staff.
Where can you get an invoice on a 1965 mustang?
I have a Mustang 1965, but I dont have the original invoice is easy to find the original dealer in order to get a copy of the invoice
What is the difference between a factory invoice and a dealer invoice when shopping for a new car?
The factory invoice is the total cost of the car that the dealer pays without taking any of the incentives or discounts received from the manufacture. The dealership invoice, is the total-cost with all discounts applied.
What is a car invoice?
* A new car's invoice price is the manufacturer's initial charge to the dealer. Keep in mind that the invoice price also has a little bit of profit for the dealer called dealer hold back This is usually higher than the dealer's final cost because dealers receive rebates, allowances, discounts, and incentive awards. Generally, the invoice price should include freight (also known as destination and delivery). If you're buying a new car based on the invoice price (for example, "at invoice," "$100 below invoice," "two percent above invoice"), and if freight is already included, make sure freight isn't added again to the sales contract. * The invoice price is what the dealership is listed as paying before they get any of their discounts. You can check out the invoice price from websites, and when you buy a car you should shoot for around this price. If you pay MSRP on a car without anything added for free, you're paying too much (unless it's a Saturn, Scion, or hot car like a Prius)
What does Toyota invoice pricing involve?
What Toyota invoice pricing involves is all the vehicle models. If you have questions on your invoice price then you should talk to your Toyota dealer.
What is a car's Invoice pricing?
The invoice price is the price the dealer pays the maker of the car. It's also the price the dealer will pay a percentage of interest on while the car is in their inventory. The invoice price the the most ideal price you can achieve while negotiating. As the dealer doesn't make anything on the sale. You should always talk up from the invoice instead of talking down from the retail/sticker price.
How does a car dealer make when he sellls a car at invoice?
Basically they get a sales volume bonus from the manufacturer for selling a lot of their cars.By the way, what is 'at invoice'? It's just a nice little phrase that gives you the impression that the dealer is selling you the car at cost. What you don't know is that the dealer is selling you the car 'at invoice' meaning the cost at the bottom of YOUR invoice.Clever wording will always catch people out!
Which of these best describes the invoice price of a vehicle?
the manufactures initial charge to the dealer
What is factory invoice price?
A piece of financial fiction.The "factory invoice" price is supposedly the amount the factory charges the dealer for the item in question.The thing that makes it fictional is that the factory invoice traditionally does not disclose "dealer incentives", which lower the cost the dealer must actually pay. So the most accurate answer would be that the factory invoice price is what the dealer and manufacturer want you to think the dealer paid for the car (the term is almost always used in conjunction with automobiles), so that if you can get it for the factory invoice price ()or slightly more, to account for the fact that it does cost the dealership something to stay in business: rent, electricity, etc.), you'll believe you got the best deal that you could possibly get.
