Base price of a vehicle before any options, discounts or taxes are added. Used to calculate on-the-road price.
The Manufacturer's List Price, also known as the Recommended Retail Price (RRP), refers to the price set by the car manufacturer for a brand new vehicle. It is the price that the manufacturer suggests to retailers and dealerships as the baseline for selling the car.
In the UK, the Manufacturer's List Price is inclusive of the vehicle's basic cost, any additional features or options, and the Value Added Tax (VAT). It serves as a reference point for potential buyers, allowing them to compare prices across different dealerships and make informed decisions.
However, it's important to note that the Manufacturer's List Price is often negotiable, and dealerships may offer discounts or promotions to attract customers. Additionally, factors such as market demand, availability, and individual bargaining skills can influence the final price paid by UK drivers.
Understanding the Manufacturer's List Price can help UK drivers assess the value of a vehicle and negotiate a fair deal when purchasing a new car.