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Understanding MSRP: A Guide for Auto Dealerships

Shawn Ryder

Key Takeaways MSRP stands for Manufacturer’s Suggested Retail Price, commonly referred to as the sticker price. Dealerships often use the MSRP as a starting point for negotiation, but actual sale prices can vary. Understanding MSRP is crucial for dealerships to effectively price their inventory and communicate value to customers.

MSRP 52
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First Toyota Land Cruiser At Auction Goes Just Over MSRP, Sign Of Markup Fatigue?

Carscoops

What appears to be an attempt at flipping a Toyota Land Cruiser brought just $4,631 over MSRP at auction. Regardless, it’s a great example of why buying over MSRP is a bad business decision. After a noteworthy auction on Cars&Bids, the vehicle sold for $83,000, or just $4,631 over MSRP. Its MSRP stood at $78,369.

MSRP 84
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Mercedes To Stop Pushing EVs So Hard In US, Let Buyers Choose

Carscoops

“We’ve all seen a leveling off to some degree of customer demand for BEVs. So we should have powertrains that customers want.” Instead, it will “give the consumer more value for their money as opposed to lowering MSRP.” ” It also wants to drive bespoke sales of its AMG family.

Buyer 113
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Edmunds finds ‘mismatch’ between customer wants and market realities

Auto Remarketing

Caldwell pointed out there are no new EVs available with an average MSRP of less than $30,000, and only four — the MINI Hardtop 2 Door, Nissan Leaf, Fiat 500e and Hyundai Kona Electric — priced less than $40,000. The post Edmunds finds ‘mismatch’ between customer wants and market realities appeared first on Auto Remarketing.

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Elevate Your Sales with the 1992 Oldsmobile Custom Cruiser: A Comprehensive Guide

Shawn Ryder

The 1992 Oldsmobile Custom Cruiser stands out as a remarkable choice for a wide range of buyers, offering a blend of performance, luxury, and efficiency that’s hard to match. Advanced Technology: Equipped with the latest technology, the 1992 Oldsmobile Custom Cruiser enhances every aspect of the driving experience.

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5 Ways To Improve Dealership Customer Loyalty & Retention

Automotive Mastermind

As dealerships’ new and used vehicle inventories slowly begin to normalize, now is the time for automotive industry dealers to focus on proactively retaining their loyal customers and improving retention. It’s critical dealers take intentional, proactive action to protect their customer base against the competition’s conquest efforts.

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Dodge-Approved Demon 170 Convertible Sells For $242,000

Carscoops

This car is one of very few factory-approved convertible Demons built by Drop Top Customs. Yet, despite sporting one less hardtop than its peers, one of these beasts just fetched over double its original MSRP. It stores in the trunk area where further customization takes place. Are any of them worth that kind of cash?

MSRP 117