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If you’re shopping for a new vehicle around Beverly Hills, you may have found yourself asking, “What does MSRP mean?” This oft-seen acronym stands for Manufacturer Suggested Retail Price and it pretty much means that — it’s the price at which the vehicle manufacturer recommends that a dealer sell the car. So, what is MSRP, and what factors affect it? Jaguar Los Angeles has all of the details below!
To start, let’s go with all the things that factor into the cost of a vehicle. As you can expect, there’s plenty to consider before you get to that price tag you see on the showroom floor in Bel Air. Here are a few ways to answer the question, “What does MSRP mean?”:
So, now we know how MSRP is set. Here are some more important facts about MSRP that Los Angeles drivers should keep in mind:
Here’s one important note for Pasadena drivers: the MSRP is a suggestion, and you will be able to negotiate a price with any dealership. So, how can you find a good price? Follow these tips:
Buying or leasing a car can feel like walking through a labyrinth, which is why Jaguar Los Angeles helps Los Angeles drivers with car buying tips and online tools like a payment calculator. Contact us today to get a great price on a Jaguar!