To arrive at the final price of a product from the list price, the following three items would be subtracted:
- Rebates - These are amounts returned to the buyer after purchase, effectively reducing the final price.
- Trade-ins - If you are trading in an old item for a discount on a new purchase, this value is subtracted from the list price.
- Discounts - Any promotional or bulk discounts applied to reduce the price would be subtracted.
Shipping charges and finance charges are typically not subtracted from the list price to determine the final price; rather, they might be added to the final price.