Looking at an online car brochure (PDF version of printed material) for the Vauxhall Astra, it listed RRP: Link
As far as I know, am I correct with these:
- List price is basic price
- Recommended retail price is what the manufacturer suggests (but they don't have to enforce it due to price fixing laws, as far as I can remember Volkswagen got fined for price fixing in Europe in 2001).
- On-the-road price is something different.
I live in the UK, where MSRP is defined as RRP on automobiles.
Theoretically, could a manufacturer set the prices for the cars, and then the importer/distributor decide to deviate from the RRP a bit? If a manufacturer set a list price for a family sedan at £14,595, but wanted to sell it for £12,550 or £16,225 (prices here are just arbitrary values), then they could, theoretically speaking? How much leeway does the importer/distributor have in setting prices?
Example (specifications are only hypothetical here, using Ford Focus as an example since it's well-known):
1.6i Zetec 5-door hatchback - RRP £12,360 (inclusive of 20% VAT £14,832, on-the-road price £14,857 due to £25 charge for numberplates)
Are my calculations correct, and is my understanding of RRP/retail price/list price etc. correct, or am I wrong?
Any help is appreciated.