If you check a car window sticker, you would see several information about the car’s specifications and factory-installed features, including the original MSRP (Manufacturer’s Suggested Retail Price) – meaning the suggested retail price provided to the dealer by the manufacturer.
Federal regulations mandate that every new car come with a window sticker, but if you’re buying a used car, you may need to search elsewhere to retrieve a copy of the original window sticker.
If the MSRP is that important in helping used car buyers determine whether they’re getting a fair deal, we will provide ways on how to find MSRP on used car.
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Ask the Dealer
One way to find a used car’s MSRP is to ask the dealer directly. Many dealerships keep records of the cars they sell and can often provide the original MSRP immediately. Just provide the VIN, and they should be able to pull up the details quickly.
However, if the dealer no longer has a record of the car, you might not get the MSRP. Still, it’s worth a shot since you will get reliable information from the source.
When you visit the dealership, explain that you’re interested in finding out the MSRP by VIN.
Get the Car Window Sticker Online
Some websites provide a window sticker lookup service online and can help retrieve the MSRP by VIN. Our window sticker by VIN service allows you to provide the VIN to access a wealth of information about the car, such as the MSRP, fuel economy, safety rating, features, and more.
Many automotive websites and databases allow you to look up historical data for free or for a small fee. You can find specific details, including the MSRP. You might have to sift through a few sites to get the necessary information, but it’s usually available.
Make sure you choose a reputable site that specializes in providing accurate vehicle data and VIN check reports, which are useful for making an informed buying decision.
Keep in mind that while many sites provide free information, some might charge a fee for detailed reports. Always check user reviews and ratings to ensure you’re using a reliable service.
Estimating Car Registration with MSRP
Knowing the MSRP can help you estimate other costs, such as registration fees. States often base these fees on the original MSRP. If you know the MSRP, you can calculate potential registration costs more accurately.
This information can save you money in the long run. If the car you’re interested in has a high MSRP, expect higher registration costs. Conversely, a lower MSRP means lower fees.
Additionally, some states offer tax breaks or incentives for electric or hybrid vehicles based on their MSRP. Understanding the MSRP becomes even more critical if you’re looking at these types of cars.
Other Information Available in a Window Sticker
These include:
- Full specifications, including the trim level
- Factory-installed equipment
- Interior and exterior colors
- Options and packages
- Fuel economy
- Safety rating
- Warranty information and more
READ ALSO: Car Trim: Definitions, Examples, and Finding Yours
Why Knowing the MSRP Matters
Understanding the MSRP is crucial for several reasons. Let’s discuss a few:
- When you know the original price, you can better assess whether the asking price is fair, thus granting you a better negotiation angle. If a seller is asking for an amount close to the MSRP—as in the price when it was new—you might want to haggle a bit.
- The MSRP gives you insight into the vehicle’s value over time. Cars depreciate, but knowing the original price can help determine a fair market value. This is especially important if you plan to sell the car later.
- The MSRP can inform you about potential warranties or recalls. If the car had a higher MSRP, it might have included premium features or extended warranties. This knowledge can help you understand what to expect in terms of repairs and maintenance.
READ ALSO: Cars with the Best Resale Value After 5 Years
Conclusion
Finding the original MSRP by VIN for a used car is easy. You can access this crucial information by asking the dealer or searching online. Ensure you’re using a reliable tool, as inaccurate information can mislead you into buying a car that doesn’t fit your needs and preferences.
Frequently Asked Questions
Can you negotiate the MSRP for used cars?
Advise customers that they can always make an offer on a car, regardless of the MSRP, and a good salesperson should consider a reasonable price based on its condition. They should also use the fact that a car has been sitting on the lot for weeks as a negotiating tool to lower the price.
How do you avoid dealer markup on MSRP?
Here’s how to avoid overpaying at the dealership and get the best price on your new car: Research the invoice price thoroughly. Collect quotes from various dealerships. Reject dealer-added accessories. Find and use manufacturer incentives. Negotiate the price. Scrutinize dealer fees. Get the final price documented in writing.
How do you determine MSRP?
Because the product manufacturer sets the MSRP, this price should be the same regardless of where you shop. The MSRP is designed to account for all costs associated with manufacturing and selling the product, including a standard markup for retailers.
