asked 214k views
0 votes
What is the term for the price at which a car manufacturer recommends a vehicle should be sold?

asked
User AngocA
by
7.7k points

2 Answers

6 votes
MSRP is the term recomended by manufacturers.

answered
User Jannah
by
8.1k points
4 votes

Answer: The term is "MSRP" for the price at which a car manufacturer recommends a vehicle should be sold.

Explanation:

"MSRP" is defined for the price at which a car manufacture recommends a vehicle should be sold.

MSRP stands for Manufacturing Suggested Retail Price that is different from the price in the invoice and is also known as "Sticker Price".

A dealer uses the MSRP as a price to sell each of his vehicle as it is recommended selling price recommended by the automakers to sell a new car.




answered
User TechnicalKeera
by
8.0k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.