Dealer cost definition

Dealer cost means an amount equal to the sum of

Dealer cost means an amount equal to the sum of the original invoice price that the dealer paid for inventory and the cost to the dealer of the inventory's delivery from the supplier to the dealer, less applicable discounts.

Dealer cost means manufacturer's invoice price to Seller, reduced by the amount of all manufacturer's rebates, allowances and other price reductions paid or credited to Seller on such vehicle (other than the manufacturer's reimbursement for dealer preparation and delivery expenses and any floor plan interest credits for such vehicle), plus such Seller's actual cost and expense of installation of dealer-installed options on such vehicle and the pre-delivery inspection costs incurred by Sellers in the normal course of business that are not reimbursed by the manufacturer; provided such inspection costs for each motor vehicle shall be limited to the lesser of the actual cost of such pre-delivery inspection to the new or used truck department of Sellers and $500 per Class 8 truck and $250 per Class 7 truck included in the Assets.

Examples of Dealer cost in a sentence

• Recommends a suggested retail price of 185% of Dealer cost per Contract/PMA Agreement.

• For Dealer-installed options on which there is no suggested retail price, the retail price will be Dealer cost plus xxxx-up, not to exceed 20% of the Dealer's cost of such options.

• To verify Dealers’ compliance with agreed upon gross profit limits, gross profit will be determined by subtracting the Dealer cost of purchasing and delivering a customer ready unit to the end customer from the total amount invoiced to the end user for such unit.

• Dealer cost and markup are applied to the Ricardo wholesale price to arrive at the end-user price increase.

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More Definitions of Dealer cost

Dealer cost means the wholesale cost for a part as listed in the manufacturer’s, importer’s or distributor’s current price schedules or, if the part is not so listed, the dealer’s original invoice cost for the part.

Dealer cost shall have the same meaning as the term "Dealer Cost" in the Dealer Agreement, namely the amount in the Dealer Rate Guide that the Dealer is required to remit to Administrator for a particular Extended Payment Terms Contract. “Down Payment” shall be equal to the amount shown as the Down Payment in the applicable Payment Plan Agreement, and shall mean the initial down payment deposit (minimum 10%) the Purchaser pays to the Dealer when he buys the Extended Payment Terms Contract and executes the Payment Plan Agreement.

Dealer cost shall have the same meaning as the term “Net Dealer Cost” in the Dealer Agreement, namely the amount set forth in the rate charge cards the Dealer is required to pay the Administrator for a particular vehicle service agreement, and in certain situations such cost also includes the Dealer Profit Contribution.

Dealer cost means an amount equal to the sum of the original invoice

Dealer cost means manufacturer's invoice price to Seller, reduced by the amount of all manufacturer's rebates, allowances and other price reductions paid or credited to Seller on such vehicle (other than the manufacturer's reimbursement for dealer preparation and delivery expenses and any floor plan interest

Dealer cost means the amount charged per OMP Registration to the Dealer by Administrator for services rendered under this Agreement. Dealer Cost includes the cost of any Policy issued in connection with a OMP Registration and administration fees to process the Dealer’s OMP.

Dealer cost means manufacturers' invoice price to Seller for each motor vehicle held by Seller in its New Vehicle Inventory, reduced by the amount of all manufacturers' rebates, allowances and other price reductions paid or credited to such Seller on each such vehicle (other than the manufacturers' reimbursement for dealer preparation and delivery expenses and any floor plan interest credits for such vehicle), and increased by such Seller's actual cost andexpense of installation of dealer-installed options on such vehicle and the pre-delivery inspection costs incurred by such Seller in the normal course of business that are not reimbursed by the manufacturer; provided such inspection costs for each motor vehicle shall be limited to the lesser of the actual cost of such pre- delivery inspection to the new truck department of such Seller or $850 per Class 8 truck and $400 per Class 7 truck included in the Assets.