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What does street price mean?

 

Joe W.
Unregistered guest
I have seen quotes for receivers (and speakers) in magazine reviews that say the retail price is $X and the street price is $Y (Y is less than X). What does the street price mean?
 

Silver Member
Username: Geekboy

Post Number: 184
Registered: 12-2003
Joe: welcome to the forum. The first price ($X) is the MSRP -- Manufacturer's Suggested Retail Price. The MSRP is just that, a suggestion. A lot of major retailers of electronics -- like Best Buy and Circuit City -- will sell at the MSRP. Other's, like the on-line (mail order) stores, will sell at a discounted price from MSRP -- known as the "street" price. These street prices are usually achievable because the on-line retailers have lower overhead (no "retail" operation) and can operate over the Internet with higher volume (can sell more units).
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