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Old 01-16-2002, 14:01   #1 (permalink)
 
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question for UK people.

If a new car price is quoted as being say 29ooo OTR

What does the OTR mean?

Out here that would mean on the road with no more to pay except insurance.
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Old 01-16-2002, 14:45   #2 (permalink)
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I think it basicly means the same in the Uk I shall have a look around tomor, but i think it means the same as you said ^_^
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Old 01-17-2002, 12:23   #3 (permalink)
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Yeah it is , the only others we use are ono and why

or nearest offer (usually used cars)

what have you (usually used modified cars as they are lookign for a different project)

John
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Old 01-17-2002, 12:51   #4 (permalink)
 
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Ok John thanks. Is it normal practise to advertise the price of a new model in this manner!
I mean I f I were to look in the back of say CAR mag from the uk would all the prices be OTR?

As an example Ford would release the rrp (recommend retail price) but say a dealer might then display a price the was drive away.

What has made me ask the question is that a manufacturer in the UK is listing their price as OTR and that is something I haven't seen done before or at least out here. Whn new models are released we have a price that is the book then we have dealer fees transfer, stamp and rego. The only thing you don't have is insurance!

Personally i like the idea. With our prices we have all these hidden cost we have to add on, but with this system you know what you have to pay straight from the factory.
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Old 01-17-2002, 13:40   #5 (permalink)
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Your right about the rrp and dealer thing , I think the OTR is used to try and give the buyer more confidence so that there is no hidden cost ie when they buy it they are then told there is no road tax with it , that kind of thing .

It really does work though , and some people then think the dealer is more hounest as he isn't hiding anything but personaly I just think its in the price already .

Its the first rule with dealers even the OTR is negotiable!!!!!LOL
Because there is always someone trying to under cut them .

John
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