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The window stickers pasted to new car windows are designed to provide consumers with an ample amount of information. With the exception of light trucks, passenger vans and most sport-utility vehicles (SUVs), new cars sold in the United States are required to post a window sticker called the Monroney sticker. The window sticker was named after the congressman who introduced the legislation.
The details of the Monroney sticker must include the following:
- The manufacturer's suggested retail price (MSRP) for the new car as well as all the factory-installed options
- A destination charge (the cost of shipping the new car from the final assembly point to your dealership's location) is added to the MSRP to calculate the total price
- Environmental Protection Agency (EPA) fuel economy estimates
- The vehicle's parts - content information
- Other information regarding a list of standards and extra/optional equipment
- The total price
To negotiate like a professional, use the above prices to calculate the dealer's invoice price and your discount.
|Jennifer Mathes, Ph.D.|