What is a Monroney sticker?
The Bankrate.com financial term of the day is: "Monroney sticker."
Did you know that the informational window sticker on a new car has a name? It's called the Monroney sticker, named after a longtime Oklahoma congressman, Mike Monroney, who wrote the Automobile Information Disclosure Act. That federal law requires the label to include important information about the vehicle's cost and its gas mileage. The sticker can't come off until the car is sold.
You might think of a Monroney sticker as a nutrition label for a new car fresh out of the factory.
To find the best new cars and the best new-car financing, visit the Auto section at Bankrate.com.