Final answer:
The 'sticker price' of a car refers to the suggested retail price of a new car, which is the starting point for price negotiations at a dealership before considering taxes, optional equipment, and other fees.
Step-by-step explanation:
The 'sticker price' of a car refers to d) The suggested retail price of a new car. It represents the price that the manufacturer suggests the dealership charge for the car. This is before any negotiations, discounts, or additional fees are applied. It is important to note that while the sticker price can give you a starting point for negotiations, the final price may be affected by various factors, including sales taxes, optional equipment, and dealership fees.
Understanding the sticker price is also important when considering other expenses associated with purchasing a vehicle, such as car insurance rates, which can vary based on factors like the car's safety ratings and the driver's history. Furthermore, a new car might come with the benefit of a warranty while a used car would not, offsetting some of the initial cost differences.