Buying a new car can be an exciting experience, but it can also be overwhelming, especially when it comes to negotiating the price. If you’re in the market for a Ford vehicle, knowing the invoice price can give you an edge in negotiations. In this article, we’ll show you how to find the Ford invoice price and give you tips on how to use this information to your advantage.
What is the Ford Invoice Price?
The Ford invoice price is the amount that the dealer pays the manufacturer for a vehicle. This price is typically lower than the MSRP (Manufacturer’s Suggested Retail Price) and includes any discounts or rebates that the dealer may receive. Knowing the invoice price can help you negotiate a fair price for your new Ford vehicle.
Step 1: Determine the Ford Vehicle Model and Trim Level
The first step in finding the Ford invoice price is to determine the specific model and trim level you want to purchase. This can be done by visiting the Ford website or by contacting your local Ford dealership. Once you have this information, you can move on to the next step.
Step 2: Research the Ford Invoice Price
There are several online resources that can help you find the Ford invoice price for the vehicle you’re interested in. These include websites such as Edmunds, Kelley Blue Book, and TrueCar. Simply enter the make, model, and trim level of the vehicle, and the website will provide you with the invoice price.
Step 3: Negotiate the Price
Once you have the invoice price, you can use this information to negotiate a fair price with the dealer. Keep in mind that the dealer may have additional costs, such as shipping and handling fees, that they may pass on to you. Be sure to negotiate these costs as well.
Step 4: Don’t Forget to Factor in Incentives
Before finalizing your purchase, be sure to check for any incentives or rebates that may be available. These can include cash-back offers, low-interest financing, or special leasing deals. You can find this information on the Ford website or by contacting your local dealership.
Step 5: Consider Using a Car Buying Service
If negotiating with a dealership isn’t your strong suit, consider using a car buying service such as TrueCar or Costco Auto. These services work with a network of dealerships to get you the best price possible, often below the invoice price.
By following these steps, you’ll be well on your way to finding the Ford invoice price and negotiating a fair price for your new vehicle.