A “new car dealer invoice” (noun) serves as a detailed document outlining the financial transaction between a car dealership and the manufacturer of the vehicle being purchased. It lists the manufacturer’s suggested retail price (MSRP), any incentives or discounts applied, and the final invoice price the dealership pays to acquire the car. For instance, if a dealership purchases a car with an MSRP of $30,000 but receives a $2,000 discount, the invoice price would be $28,000.
New car dealer invoices play a crucial role in the automotive industry, providing crucial information to both dealers and consumers. They establish a baseline for pricing negotiations and ensure transparency in the transaction. Historically, these invoices were only accessible to dealerships, but the advent of online resources has made them more widely available to the public.