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.

Related to Factory Invoice Price

  • Net Invoice Price means the price paid by You for Your Vehicle including all factory fitted accessories and any discount given but excluding retailer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and / or upholstery protection kits, insurance premiums (including this Premium), warranty premiums and any such associated costs and any Negative Equity.

  • Invoice means a Contractor’s claim for payment. At the Agency’s discretion, claims may be submitted on an original invoice from the Contractor or may be submitted on a claim form accepted by the Agency, such as a General Accounting Expenditure (GAX) form.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Tax Invoice means the document as required by Section 20 of the VAT Act, as may be amended from time to time;

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"