1. What is Out The Door Price?

The Out The Door (OTD) price is the total amount you'll pay to drive the car off the lot. It includes the asking price plus all additional fees (documentation fees, taxes, registration, etc.).

2. How Does the Calculator Work?

The calculator uses the simple formula:

Where:

• \( Asking \) — The base price of the vehicle
• \( Fees \) — All additional charges (taxes, title, registration, documentation fees, etc.)

Explanation: This gives you the true total cost of purchasing the vehicle.

3. Importance of OTD Price

Details: Knowing the OTD price helps you compare offers between dealerships, budget accurately, and negotiate effectively.

4. Using the Calculator

Tips: Enter the asking price and all additional fees in dollars. The calculator will sum them to show the total amount you'll need to pay.

5. Frequently Asked Questions (FAQ)

Q1: What fees are typically included?
A: Common fees include sales tax, title fee, registration fee, documentation fee, and sometimes dealer-added accessories.

Q2: Can I negotiate the OTD price?
A: Yes, you can negotiate both the asking price and some fees (like documentation fees).

Q3: Is OTD price the same as MSRP?
A: No, MSRP is the manufacturer's suggested retail price before any fees or taxes are added.

Q4: Why focus on OTD price instead of monthly payments?
A: Focusing on OTD price prevents dealers from hiding costs in extended loan terms and gives you the true cost comparison.

Q5: Are all fees mandatory?
A: Some fees (like taxes and registration) are mandatory, while others (like documentation fees) may be negotiable.