what is MSRP of cars? We don’t have this concept in our country so please explain?

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what is MSRP of cars? We don’t have this concept in our country so please explain?

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7 Answers

Anonymous 0 Comments

It’s the “official” price set for a model by the manufacturer. The manufacturer may offer incentives and the dealership may discount further, to sell below that price in normal times. Now, which the chip shortage leading to shortages of vehicles to sell, you’re more likely to see dealers mark up above MSRP.

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