Monroney Sticker or
Label:
The Monroney
Sticker or Label:
Automobiles are the only
consumer items required by law to carry manufacturer suggested
retail price stickers. This sticker, also called a Monroney
label, is attached to a window of the vehicle. It shows
the base price of that model, including all standard
equipment; manufacturer-installed options and their
retail prices; transportation or freight charges (also
known as destination or delivery charges); and the total
manufacturer's suggested retail price. Details about the
average fuel economy for the vehicle are required on all cars
and light trucks; this information is usually included on the
Monroney label, but will sometimes be found on a separate
sticker, the EPA [Environmental Protection Agency] Fuel Economy
Label. The Monroney Sicker is from the manufacturer, the dealer
has no input on the pricing on the sticker. Should there be any
dealer installed items on the vehicle there will be a
supplemental sticker next to the original, detailing the option
and retail price determined by the dealer. The Monroney label
may not be removed by anyone other than the purchaser.
The legislation requiring the sticker is commonly known as the
Monroney Law, named after its sponsor in Congress, Almer
Stillwell "Mike" Monroney (1902-1980): Born in Oklahoma; U.S.
Representative from Oklahoma, 1939-51; U.S. Senator from
Oklahoma, 1951-69.
Inside The Mind of Your Sales Person
Chapter 1
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