In the world of car buying, it's important to be well-versed in the language and terminology used by dealerships and manufacturers. Two terms that often come up in the purchasing process are "invoice" and "MSRP." While they may sound similar, they have distinct meanings and play different roles in the car buying process. Understanding these terms is crucial for consumers to make informed decisions and negotiate effectively. Let's delve into the key differences between invoice and MSRP to shed light on their importance and impact on car purchases.