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If you are shopping for a new vehicle in the Los Angeles area, you may have questions about the MSRP for your preferred model. So, what is MSRP? MSRP stands for Manufacturer Suggested Retail Price. This is the amount for a particular model that the automaker recommends as a starting price for a dealership. You may also have heard this amount referred to as the list price. The manufacturer looks at a variety of factors when setting the MSRP. Below, this guide will cover more about the MSRP meaning as well as the difference between MSRP vs. invoice price.
As mentioned above, the MSRP meaning refers to the amount the manufacturer recommends for a particular model when a dealership is setting its prices. Here are a few MSRP basics to keep in mind.
How does MSRP vary from the invoice price of a vehicle? Compare MSRP vs. invoice price below:
Now that you know more about the MSRP meaning, why not start your shopping journey at Alfa Romeo of Glendale? When you shop with us, you can feel completely confident that you are getting a great deal on the Alfa Romeo vehicle of your choice. We will help you secure some of the most competitive financing rates in the Glendale area. Contact us today to get started!
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