1. New Car MSRP is the manufacturer's suggested retail price set by the manufacturer. The base retail price includes destination charges and minimum required equipment.
2. New Car Invoice is the dealer invoice price an auto manufacturer charges its franchise dealers for a new vehicle. The base invoice price includes destination charges and minimum required equipment.
3. The New Car Blue Book® value reflects a vehicle's actual selling price and is based on tens of thousands of recent real sales transactions from auto dealers across the United States. The New Car Blue Book value is not calculated or based on a proprietary formula; instead it is derived from actual new vehicle sales and extensive knowledge of the marketplace.
4. Incentives are offers from auto manufacturers that are designed to attract buyers to their products. Incentives may be financially beneficial to buyers by lowering the cost of vehicle acquisition. Notable incentives include cash-to-customer rebates, low-interest-rate financing and the inclusion of optional equipment at no additional cost. Restrictions may apply on some incentives. Individual dealers can often provide more details.
5. Used Car Blue Book Suggested Retail value is the Kelley Blue Book suggested retail value with typical mileage and typical equipment for the model/year. Changes to mileage or equipment may result in a different price.
6. Used Car Blue Book Private Party Value is what a buyer can expect to pay when buying a used car from a private party. The Private Party Value assumes the vehicle is sold "As Is" and carries no warranty (other than the continuing factory warranty). The final sale price may vary depending on the vehicle's actual condition and local market conditions. This value may also be used to derive Fair Market Value for insurance and vehicle donation purposes.