Manufacturer's Suggested Retail Price (MSRP), also known as "sticker" price, is a recommended selling price that automakers give a new car that is above the invoice price paid by the dealer. It is a price that does not include any options that can be added to a particular car style. When shown as a range, the prices are starting MSRPs, without options, for multiple styles for that model.
This price range reflects the Kelley Blue Book Suggested Retail value for all trim levels, but not necessarily all available options.
The Kelley Blue Book Suggested Retail value represents the amount an auto dealer might ask for a specific vehicle; the actual sale price will vary. A vehicle's popularity, condition, warranty, color and local market conditions are factors involved in determining a final price. The retail value is not a trade-in or private party value.
The Suggested Retail value assumes that the vehicle has been fully reconditioned and has a clean title history. The Suggested Retail value also allows for advertising, sales commissions, insurance and other costs of doing business as a dealer. Most vehicles offered at this price have passed an inspection, and some may carry a warranty. Vehicle mileage is assumed to be normal or below normal.
Best Bets get average or better mpg, have average or better reliability, good crash-test ratings, and our experts' recommendations.
By George Moore
September 22, 1996
Chevrolet long ago embraced the element of the sporting life with its Camaro and Corvette models.For 1997, Chevy adds a new level of sportiness with its new Lumina sedan.Called the Lumina LTZ Sedan, this all-new model offers sports car-type
motoring for owners who have the need for four doors and a bench-type back seat."It's sort of like a hot-rod sedan," said Al Young, president of Dan Young Chevrolet-Geo. "It's like the SS Impala was, except it's a different car."There are the
standard Lumina and Lumina LS models for 1997 that are designed to provide driver and passengers with Chevrolet's ongoing reliable and affordable transportation. But it is the LTZ that causes the sedan to soar to new heights of performance.On hand is
an optional 215-horsepower V-6, a new four-speed electronically controlled automatic transmission; high-speed, 16-inch tires for enhanced traction; and exclusive exterior and interior styling themes.The LTZ is its own Lumina, designed as a driver's
car but still offering the comfort and convenience of a five-passenger four- door.The heart of the Lumina LTZ's performance orientation is its optional 3.4-liter, double overhead-cam V-6 engine.By upgrading from the standard 3.1-liter V-6 and
adding four overhead cams and four valves per cylinder, a quantum leap is made in available power.The flip side of this performance picture is that those horses take some oats to make them go, with a drop of about three miles per gallon. Mileage for
the 3.4-liter is 17 mpg city and 26 mpg highway. For the 3.1-liter engine, it is 20 mpg /29 mpg.That, however, is really not too much of a difference considering the power differential between the two motors.Teamed with the four-cam engine is GM's
4T65-E four-speed automatic.As a step above the standard 4T60-E Lumina automatic, technical features of the 4T65-E include electronic controls that adjust shift quality and adapt to changing conditions; controls that protect against over-revving the
engine in low-range gears and a dual- phase sprocket for the chain system.In addition, the automatic's Dexron III transmission fluid never needs replacement under normal service.As a front-wheel drive, both wheels and tires are of great importance
in order to control the power. So the Lumina uses P225/60R-16 Eagle RS-A touring tires mounted on 16-inch sport aluminium wheels.Stopping power is by disc brakes on all four wheels rather than the disc front, drum rear system on the standard
Lumina.To make the LTZ stand apart from its siblings, there are specific front and rear fascia treatments plus stylish bodyside mouldings. Other exclusive styling cues are a rear deck spoiler and LTZ badging.In the cabin, the sports theme is
enhanced by unique LTZ graphics emblazoned on the dash and embroidered on the center of the rear bench seat.As a five-seater, the cockpit layout is pretty much state-of- the-art, with individual bucket seats separated by a center console.
An interesting feature of the instrumentation is low-oil level and wear indicators.Prices to date are not known, as the model hasn't hit the showrooms just yet."I don't know when Chevrolet is going to release the car," Young said. "Maybe next
month, maybe in November."