Usually associated with a classified ad for a used car. It simply states what the seller is anticipating receiving in cash for the vehicle. Underneath the straightforward definition this term has more meanings.
Assembly plants cost millions of dollars to build and operate.
Because of the scale and number of costs, it is extremely difficult to determine how much a car costs the auto makers to build. A term associated with the used vehicle market. While no longer as frequent, these allowances still exist, and knowing them can save a consumer a great deal of cash. They do not take effect until a dealer has the next model year's vehicles on the lot. In addition, a buyer may have to choose from the dealer's stock of inventory.