starting price

noun

1. (esp in horse racing) the latest odds offered by bookmakers at the start of a race

Example Sentences

Rivian, which went public in 2021, has been under pressure to lower costs while it prepares the launch of its next model, the R2 SUV, which is expected to have a starting price around $45,000.

Read more on The Wall Street Journal

The company said Thursday its 2027 Chevrolet Bolt will begin shipping to customers early next year for a limited time with a starting price of $29,990.

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A more affordable version will be available later in the model year with a starting price of $28,995.

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Tesla unveiled the vehicles on Tuesday on Chief Executive Elon Musk’s social media site, X. The Model 3 Standard has a starting price of $36,990, just $5,500 less expensive than the existing version of the Model 3.

Read more on Los Angeles Times

An ICO spokesperson said Meta had "significantly lowered the starting price point at which users would be offered a subscription" while engaging with the regulator.

Read more on BBC