Latest Invoice Pricing
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New FIAT Invoice Pricing: How to Get the Best Car Price
Are you shopping around for a new car? FIAT is famous for making budget-friendly vehicles that are also incredibly reliable — but as a smart consumer, you’ll obviously still try to haggle. If car dealerships have outwitted you in the past, you might sense that you’re missing some key information. That’s true!
To get the best possible FIAT car prices, it’s important to identify the FIAT invoice price. Once you do, you will have a better idea of what your car dealership is really paying for the vehicle you are hoping to drive home in, and your negotiations will be much more successful.
Why is the FIAT invoice price so crucial? How can you use it to your advantage as you haggle? Most importantly, how do you get your hands on a car’s invoice price?
FIAT Invoice Pricing
The FIAT invoice price is the wholesale price — or the price for which a car dealership buys a particular vehicle. Invoice prices are determined by automakers, who look at the car’s manufacturing cost and shipping expenses as well as regional ad fees and other factors to set a price.
While consumers instinctively know that a FIAT’s sticker price is much higher than its invoice price (your car dealership needs to make a profit, too, after all), many people have no idea how large this gap really is.
Before you set out to discover the latest FIAT invoice prices to snag yourself a great deal, there are a few other concepts you need to be aware of:
- The dealer holdback is a type of rebate that auto manufacturers routinely offer car dealerships as an incentive to stock and sell their vehicles. Once you buy the FIAT you were after, your dealership may get a refund of two to three percent of the FIAT invoice price, or even it’s suggested retail price.
- The dealer cost, also called “true dealer cost”, is the FIAT car price the dealership actually ends up paying for a vehicle.
- The MSRP, or manufacturer’s suggested retail price, is the car’s sticker price — the price you’d usually pay if you didn’t try to haggle with your dealership at all. Like the invoice price, it is set by the automaker. Nothing contractually obliges a car dealership to sell a car for the MSRP, though, and dealerships do expect their customers to negotiate a better price.
Why Should You Care About the FIAT Invoice Price When You Already Know the MSRP?
Potential buyers should care about the latest FIAT invoice prices for one simple reason — because the invoice price offers ammunition in your fight against overpaying. If you haggle with a car salesperson with the aim of getting a “discount” on the sticker price, they’ll try to steer you back up until you walk away with minimal savings.
Buyers who know that car dealerships don’t have to charge FIAT car prices anywhere close to the MSRP to run a profitable business can, on the other hand, take the FIAT invoice price as their starting point. If you negotiate your way up from the car’s invoice price, you can get a much better deal on your new FIAT.
How Much Should You Really Pay for Your New FIAT?
With a better understanding of the factors that impact the FIAT car prices that dealerships (can afford to) offer their buyers, you’re probably itching to find out how to determine the true dealer cost. Here’s a formula to help:
True Dealer Cost = Invoice Price – (Dealer Holdback + Manufacturer Incentives & Rebates)
You’ll never be able to pinpoint what the dealer holdback and other manufacturer incentives and rebates truly amount to — but you can absolutely arrive at an informed estimate. The dealer holdback is typically one, two, or three percent of the FIAT invoice price, and once you know that, calculating the true dealer cost is fairly easy.
Bargain hunters can use that information to their advantage by following this two-step plan:
- Identify the FIAT invoice price for the model you are hoping to buy, and use the formula to estimate the true dealer cost. Keep in mind that your dealership does need to charge a FIAT car price above the true dealer cost to make a profit, but also know that you can simply ignore the MSRP as you haggle.
- Set a budget for your new FIAT and come up with an upper limit. If that number is somewhere between the FIAT invoice price and its MSRP, you have a good chance of driving away in the car you want. Not sure what you can afford yet? Use our free payment calculator to calculate your monthly payments.
How Can You Figure Out the Invoice Prices for FIAT Cars?
So, you know that car dealerships can easily afford to offer you FIAT car prices well below the manufacturer’s suggested retail price now, and you’ve also learned how to estimate the true dealer cost. The only piece of the puzzle that’s missing is the FIAT invoice price. How do you identify the car dealership’s invoice price? We’ve got your back! Use our free invoice pricing app to get the best price quote today!
Use Our App Today to Get FIAT Invoice Pricing
Do you want the best deal possible? With our free invoice pricing app, you’ll figure out what FIAT is really charging your dealership for the model you are hoping to buy, and negotiating with car dealerships will be easier than ever before.
Still not sure how to get the lowest FIAT car prices? Don’t hesitate to contact us if you have still got questions about FIAT invoice pricing!