LESSON 9-5 | AUTO INSURANCE

NO TECH

Is MSRP the Price for Me?

Discussion Prompt:

Would you pay the MSRP price?
Why or why not? How could you
get a car dealership to lower the

sticker price?

IS MSRP THE PRICE FOR ME? | DECEMBER 10, 2021 EDITION | NEXT GEN PERSONAL FINANCE

Multiple Choice

TRUE or FALSE

Manufacturers are allowed to set the price of all the new cars they send to their affiliate dealerships

• true

• false

Multiple Choice

MSRP is an an acronym meaning __________.

• Mild Sedative Required Please

• Manufacturers Suggested

  Retail

  Price

• the Sticker Price of the Automobile

• the Invoice Price of the Automobile

Multiple Choice

The ________ Price is the dealer cost for the automobile.

• Invoice

• sticker

• MSRP

• base

Multiple Select

Choose all that apply

The Sticker Price may include the following:

• MSRP

• Dealer options

• Prep Fees

• Markup

Open Ended

How would you persuade the dealer to cut the sticker price???

What is the average price of a
new car?

ngpf.org 4/1/22

Q:

Buying a Car

QUESTION OF THE DAY

View blog post

Poll

What is the average price of a new car in 2022??

• under $25k

• $25k - $35k

• $35k-$45k

• over $45k

Buying a Car

$47,000 in 2022
(increasing by $6,220 in 2021)
A:

QUESTION OF THE DAY

Source: Kelley Blue Book

FOLLOW-UP QUESTIONS

1.What has caused the price to increase so much for new cars?

2.

Why are manufacturers not selling as many affordable sedans?

3.

What happens to the value of a car once you drive it off the
dealer's lot?

4.

Do you think about cars as an investment? Explain.

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