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Car Pricing Secrets Forest Lake MN

This is the inside story on car prices and how car dealers and manufacturers affect the price you pay. Read on to learn about invoice prices and negotiating sales price.

Bob's Auto Ranch
(651) 483-5246
6020 Hodgson Rd
Circle Pines, MN

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Carhop
(763) 785-9245
10061 Central Ave Ne
Minneapolis, MN

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Toohey Motors Inc
(651) 674-2063
38811 14th Ave
North Branch, MN

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Quality Auto Sales & Finance
(763) 277-7777
926 County Highway 10
Fridley, MN

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Spring Lake Park Auto
(763) 784-6477
8035 Spring Lake Rd NE
Spring Lake Park, MN

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Twin Rivers Auto Sales
(763) 712-1714
16191 Round Lake Blvd NW
Andover, MN

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Cartiva
(651) 439-3933
11020 60th St N
Stillwater, MN

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120 Autos
(651) 787-9700
4747 Geneva Ave N Ste 3
St Paul, MN

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Central Bargain Lot
(763) 717-0371
7890 Highway 65 NE
Spring Lake Park, MN

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Mac Donald Wold Inc
(218) 927-2713
12 Minnesota Avenue North
Aitkin, MN
Services
Alignment Repair,Radiator Repair,Truck Auto Body,Tune up Repair,Van Dealers,Auto Dealers

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Car Pricing Secrets

In order to understand what price you might expect to pay for your next car, you must first understand how new car pricing really works. As you know, pricing is very important whether you lease or buy.

Different customers can pay widely different prices โ€” for the same car, at the same dealer, on the same day โ€” depending on each customer's knowledge of how car pricing works.

New car dealers expect most customers to negotiate price. Unfortunately, negotiating is not easy. Buying a new car is more like haggling for a donkey in Marrakech than buying a refrigerator at Sears.

Dealers are able to quickly spot customers who don't have the knowledge to negotiate well. Knowledge is key.

Let's take a look at how dealer pricing works.

Manufacturer's Suggested Retail Price
First, for new cars, automobile manufacturers decide the retail price that will be set on each model, each model variation ("trim"), and each option. Combined, these prices become the Manufacturer's Suggested Retail Price (MSRP). These prices can change from year to year for the same models, or can even change one or more times during a model year.

MSRP becomes the "sticker price" โ€” the price shown on the vehicle's attached window sticker. There will also be additional charges for transport and preparation ("destination charge"), and distributor/dealer installed options. These charges are not technically part of the MSRP, but are part of w...

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