What do Manufacturer Suggested Retail Price and Actual Transaction Price mean?

[LaWyatt]

Actual Transaction Price: After repeated bargaining with the car dealer, the amount you pay for the bare car is the actual money you spend on purchasing the vehicle. Manufacturer Suggested Retail Price: This refers to the selling price of a product as suggested by the manufacturer to consumers. Below is an introduction to relevant knowledge about car purchase prices: 1. Newly Launched Cars: For cars that have just been launched, dealers are in no hurry to sell them. These new models often attract widespread attention and may even see significant price markups. 2. Cars Launched 1-2 Years Ago: Most car models will shed their 'star' status one year after launch, with dealers honestly offering small discounts to boost sales. The extent of these discounts varies depending on the sales volume of the particular model. 3. Cars Launched 3-5 Years Ago: The design and performance of these vehicles are no longer selling points, so manufacturers can only rely on lower prices to create an advantage.