True or False: The base price of a new car reflects the cost of the car excluding options.

The statement is true because the base price of a new car refers specifically to the manufacturer's suggested retail price (MSRP) for the vehicle itself, without considering any additional features, packages, or options that might enhance the vehicle’s capabilities or appearance. This base price typically includes the standard equipment that comes with the model but excludes optional add-ons, such as upgraded technology packages, custom paint, or other enhancements. Understanding this distinction is essential for consumers when comparing prices and evaluating the overall cost of a vehicle, as the final price can significantly increase once options are added.