Net price is the value at which a product or service is sold after all taxes and other costs are added and all discounts subtracted.
At this point in calculations, the price might be referred to as sticker price; after any additional charges are added it becomes the net price.
What does net price mean for a car?
The net purchase cost of a product is the amount of the invoice plus any additional fees and taxes that are incurred. In the automobile industry, the net purchase cost is the true price that the dealer pays for a vehicle.
What is the difference between list price and net price?
The list price is how much an item should normally cost, while the net price is how much the customer actually pays after taxes, rebates, discounts, etc.
How do you find out how much a dealer paid for a car?
The invoice price is what the dealer pays for the car from the manufacturer, the price you pay is called the retail price. Meanwhile, the price on the window sticker is the manufacturer’s suggested retail price (MSRP), or what the manufacturer hopes the car will sell for.
Photo in the article by “Flickr”