invoice price
Wholesale vehicle amount
Invoice price is the amount a dealer pays to acquire goods from a manufacturer or distributor, as distinct from the retail price charged to customers.
The term appears most often in car buying, where knowing the invoice price gives buyers leverage in negotiations: We got the car for five hundred over invoice.
The gap between invoice and sticker price represents the dealer's potential profit margin.
- wholesaleBulk sales to merchants
- markupAdded percentage for profit
- negotiationDiscussion seeking mutual accord
- hagglingNegotiating a lower price
- rebateReturned portion of payment
discount · bottom line · holdback · profit margin · car lot · salesman · trade-in · financing · checkout · bill · receipt · cost basis · purchase order · vendor · supplier · quotation · bid · retail
- car salescar dealership, car dealerships, dealerships, dealer, auto dealership
- car shoppingtest drive, reviews, comparisons, ratings, specs
- customs valuationcustoms valuation, declared value, valuation, appraisement, CIF
- pricingoverpricing, discounts, overcharge, markdowns, unit cost
- Negotiation Termsdeadlock, bargaining, negotiation, stalemate, compromise
- costsdirect cost, fixed cost, variable cost, total cost, actual cost
invoice priceMSRP
Suggested retail abbreviation
sticker price · retail price · list price · asking price · selling price
invoice, price, invoiced, invoicing, invoices, priced, pricing, prices, priceless