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re: Has the Will Cover car buying method been updated post 2022?
Posted on 1/14/24 at 9:54 pm to DarthRebel
Posted on 1/14/24 at 9:54 pm to DarthRebel
How do you find the invoice price?
Posted on 1/15/24 at 10:37 am to meeple
quote:
How do you find the invoice price?
Edmunds or Kelly Blue Book
Invoice is the dealers "charged" price from Manufacturer. The true cost is much lower than that with holdback and other dealer hidden incentives/bonus.
They are making thousands per sale even at invoice, so you can even negotiate down from there. Still supply and demand factor in though.
MSRP - High demand, low supply
Invoice - Most fall here
Under Invoice - Slow selling, over supply, or volume dealer trying to hit sales number bonus with manufacturer.
All Manufacturer rebates are outside scope of selling price. Do not let them use a rebate to reduce MSRP down to Invoice. They are making same profit.
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