The term refers to the Manufacturer’s Suggested Retail Price (MSRP) for a specific configuration of a popular sport utility vehicle. It represents the price suggested by the manufacturer for the base model of this trim, before any additional options, dealer markups, or incentives are applied. As an example, an individual might research this figure to understand the baseline cost when considering purchasing this particular vehicle.
Understanding this figure is critical for consumers in the automotive market. It provides a starting point for price negotiations and comparisons across different dealerships. Furthermore, awareness of historical pricing trends, including factors like inflation, supply chain disruptions, and evolving consumer preferences, enhances a buyer’s ability to make informed decisions. This data point allows for a more transparent purchase process.
