What does MSRP stand for?

Search: msrp

Why: I am shopping for shoes to buy (with money I don't have).

I always hear that term on commercials when Mr. Testaverde / the Micro Machines man runs his mouth.

Answer: Manufacturer's Suggested Retail Price!

Source: WiseGeek

The More You Know: Re: cars: colon:

MSRP is sometimes called the "sticker price," as dealerships used to place the MSRP of each new car on a large sticker on the windshield as a way to advertise to passing traffic. This practice has been largely replaced with a spec sheet on the side window that notes the MSRP. Some dealerships leave the MSRP off the spec sheet of certain models that are in demand, hoping to negotiate the best price possible. If the MSRP is posted, potential buyers might immediately expect to pay less than the dealership knows the market will bear. If the buyer has to ask for the MSRP, the dealer can talk about it along with various "extras" the vehicle has, starting the negotiations from a higher price.

The MSRP of a vehicle does not include taxes, registration, transportation to the dealership and other miscellaneous fees. While most people expect to get a discount off the MSRP, when all of the extraneous charges are added in, the price "out the door" might be close to, or even higher than, the MSRP. In fact, MSRPs used to be set fairly high, which allowed a good-sized discount, but in recent years the trend has tended towards setting the MSRP closer to the actual market value. Depending on the model and the demand, it is not unusual today to pay full MSRP at a dealership, plus the miscellaneous charges