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Change list price on a product based on picklists

I have consultants working on this who say it can't be done.  They are working on a discount/approval process based on different attributes of a product where the list price will be different based on which values are chosen from various picklist fields on the opportunity line item.


EX: You order a car with leather seats, fancy stereo and sunroof extra.  So the list price of the car is $15000, leather seats add $500, stereo adds $500, sunroof adds $500.  The new list price becomes $16,500.  That price is then discounted and goes through an approval process based on the %discount.  This has to be done at the product line item on the opportunity because other products on the opportunity may not need approval.


Any ideas???