What is the "factory invoice price" on a car?

What is the "factory invoice price" on a car?

James Bell (Publisher, Auto Reviewer) gives expert video advice on: What is the "factory invoice price" on a car?; What is the difference between the MSRP and the factory invoice price?; What does "base price" mean? and more...

Factory invoice price is the cost that the manufacturer charges the dealer for having the vehicle available here for sale to you. It's basically the internal cost of the vehicle between the dealer and the manufacturer.