Just that. The price that the manufacture suggest the dealer sell the car for. The dealer can sell it for more or less, depending on supply & demand.
manufacturers suggested price
The manufacturers suggested retail price of the most current ipod shuffle is $120. Usually stores increase price to make their own profit. The price increases about 20 percent depending on the store.
The current "normal" price for an RC10GT is listed as $145-$160. It is unclear whether either of these prices is a manufacturers suggested retail price. The range of pricing for this model remote control car has varied greatly and has reached over $200.
$5.98 U.S. to $6.98 U.S. MSRP( Manufacturers Suggested Retail Price). In other words:Around $5.00 U.S.
A manufacturer gives a suggested price for his product. Stores are free to set their own prices, but when dealing with a manufacturer the suggested retail price is what they go by.
Manufacturer's suggested retail price
Usually, yes, that's the point. All "Manufacturer's Suggested Retail Price" means, is that the price of the MSRP is the lowest price that the retailer can advertise. The retailer can choose to sell at a lower price than MSRP, but cannot advertise it. The retailer is allowed to charge a higher price, if they choose, and advertise at the higher price, also if they choose to, but in most cases would be foolish to do so.
(MSRP) Manufactures Suggested Retail Price.
The meaning of SRP in retail stores is, Suggested Retail Price.
Manufacturer's Suggested Retail Price
The GMC Acadia has a manufacturers suggested retail price starting at $32,000. After adding on optional packages and accessories the price can go as high as $49,000 for a top of the line Denali Model.
The 2013 model of the Cadillac CTS V Sedan varies in price between $64,515 to $74,910. The manufacturers suggested retail price is $64,515, the higher prices are usually due to added features.