auto

What is base price?

 

What is base price?

The Bankrate.com financial term of the day is: "Base Price."

The base price is the cost of a new car before you start adding all that optional stuff that you might want the vehicle to have, such as a navigation system, heated seats or souped-up wheels. The price covers all the equipment that comes standard and usually includes the factory warranty, too.

The base price is a kind of starting point for the cost of a new car, and you'll find it printed on the window sticker, also known as the “Monroney sticker.”

For information on great cars and great car loan rates, visit the Auto section at Bankrate.com.

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