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What is a dealer sticker price?In: Car Buying |
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Answer
Usually on a supplemental sticker, the dealer sticker price for a new car is the Monroney sticker price (MSRP) plus the suggested retail price of dealer-installed options, such as additional dealer markup (ADM) or additional dealer profit (ADP), dealer preparation, and undercoating.
Answer
The "Sticker" Price is the highest "asking" price on a new or used car. Years ago there were no MSRP or Monroni info/pricing on new cars.These stickers are "mandated" by the government now to protect the public. This MSRP Price is also (and more importantly) the amount the lenders (Banks) will loan you. In the old days the Bank would loan $ based on the consumers individual "Credit" rating. Not based on the cars worth. Obvious Problems occurred
Answer
Sticker price is a slang term and could be anything that is displayed on the car (windshield) in a form of a "sticker" of some kind. 1. It could be MSRP, if the "sticker" is by a Manufacturer. 2. It could be some kind of inflated price, depending on the state and country laws where you reside. 3. And it could be a bone fide sale price, if that is what the dealership wants to do.
First answer by FCIC. Last edit by anonymous. Question popularity: 178 [recommend question]
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