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Car Pricing Secrets Mound 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.

Hooked On Classics
(952) 955-2706
701 Jefferson Ave SW
Watertown, MN

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Jim Lupient's Used Cars
(763) 513-5444
7100 Wayzata Blvd
Golden Valley, MN

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Poquet Auto Sales
(763) 522-2000
800 Lilac Dr N
Golden Valley, MN

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Prospect Auto Sales
(763) 515-8646
301 County Road 81
Osseo, MN

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Freeway Motors Of Rogers
(763) 428-8488
14080 Main St
Rogers, MN

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Cargo Van-Go Inc
(952) 445-0182
7380 Hwy 101 E
Shakopee, MN

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Golden Valley Auto Sales
(763) 544-0600
9010 Highway 55
Golden Valley, MN

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Premier Motors Llc
(763) 535-2277
6048 Lakeland Ave N
Crystal, MN

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Walser Buick Pontiac GMC
(952) 400-7987
4601 American Blvd W
Bloomington, MN
Parking
lot

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Carquest Auto Parts
(612) 827-5956
918 West Lake S
Minneapolis, MN
 
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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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