Factory Invoice Price definition

Factory Invoice Price shall refer to the price the OEM charges a Contractor for an Option or a vehicle inclusive of all standard equipment, Options, and destination charges. Also known as “Factory Wholesale Price” or “Dealer Invoice Price”
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Examples of Factory Invoice Price in a sentence

  • Such a price adjustment may be permitted for only a limited time, since such an adjustment would eventually be reflected in the Factory Invoice Price.

  • The Unit Price for such replacement shall be determined by taking the Factory Invoice Price (including all outlined specifications for the vehicle), applying the Manufacturer’s Bid Assistance for the vehicle, and applying the dealer Discount percentage originally bid for the vehicle being replaced.

  • Next Model Year Pricing – Next model year pricing will be calculated by taking the new Factory Invoice Price (including all standard and Optional required equipment described in Appendix D, Number 2, Price Pages, for each Item), applying the Manufacturer’s Bid Assistance and Dealer Discount.

  • The next model year Unit Price shall be calculated as follows: 2013 Model Year 2014 Model Year Factory Invoice Price $21,500.00 $22,000.00 Manufacturer’s Bid Assistance $3,000.00 $3,000.00 Dealer Discount (e.g. 4% of Factory Invoice) (may include Delivery cost for FOB Destination) $860.00 $880.00 Unit Price $17,840.00 $18,320.00 This price would apply to all purchases for the Item.

  • The Unit Price for such replacement shall be determined by taking the Factory Invoice Price for the replacement Item, and applying, the Manufacturer’s Bid Assistance and the Dealer Discount percentage originally bid for the vehicle being replaced.