Auto OTD Formula:
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The Out The Door (OTD) price is the total amount you'll pay to drive a vehicle off the lot, including all fees, taxes, and additional charges beyond the advertised price.
The calculator uses the simple OTD formula:
Where:
Explanation: This calculation gives you the true total cost of purchasing a vehicle.
Details: Knowing the OTD price helps you budget accurately, compare deals between dealerships, and avoid surprise charges when finalizing your purchase.
Tips: Enter the vehicle's base price and all additional fees you've been quoted. Be sure to include all charges to get an accurate OTD price.
Q1: What fees are typically included in OTD price?
A: Common fees include sales tax, registration, documentation fees, dealer preparation fees, and any additional dealer-installed options.
Q2: Is the OTD price negotiable?
A: Yes, both the vehicle price and many fees are negotiable. Always ask for an itemized list of fees.
Q3: How does this differ from MSRP?
A: MSRP is the manufacturer's suggested retail price, while OTD is what you actually pay after all additions.
Q4: Should I focus on monthly payment or OTD price?
A: Always negotiate based on OTD price first, then discuss financing terms separately.
Q5: Are there fees that shouldn't be included?
A: Watch out for unnecessary add-ons like extended warranties, fabric protection, or other services that should be optional.