Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I'm not understanding what the advantage to the dealer is to charge doc fees and process fees? Just to try and hide the true cost of the vehicle? If the actual price is, say, $19,000, but they offer it to you for $18,000 plus $1000 in "fees" tacked on, it's still $19,000. Just the idea that some people will be dumb enough to buy from them because they think it's $1000 less than the dealer across town who wants $19,000 but no fees? I'd prefer to buy it from the $19,000 dealer....
As I mentioned in an earlier post, I've never paid or asked to pay, a "bank fee" on any financed vehicle. I've never leased a car, so maybe that's where you'd usually find it?
In part, but I think it's also to make you think that you're stuck with those charges and there's no way to negotiate them down or out of the deal completely.
Itslikeanegg, why did you even bother even taking the dealer loan when you were going to use your credit union? Was there an incentive if you got the dealer loan? .
I also do this to get a better price on the car since the dealer is thinking he'd get additional profit (kickback, bird-dog fee, incentive, whatever) for arranging the loan with his bank.
In part, but I think it's also to make you think that you're stuck with those charges and there's no way to negotiate them down or out of the deal completely.
We had been planning on using the same dealer that we purchased our 2010 vehicle from. They mentioned adding the $599 fee on and saying it was non-negotiable. I pulled out the 2010 contract from that same dealer. The $599 fee had been $499 then and called "client services" and it was preprinted on the contract at $499 plus another one -- $249 for "etch anti-theft". The "client services" fee was rewritten as $199 and the $299 "etch anti-theft" fee was scratched out entirely. So ,depending upon dealer, it IS possible to negotiate them down or eliminate them.
The dealer we just bought the 2014 from added their own little sticker to the car next to the mfr sticker and added $1999 for their package of crap. It was negotiated down to $400. I was going to have to add tint, at my own expense, after buying the car (which was included in the package of crap) so that brought the cost down to $200 for the additional crap...
Well, if its "non-negotiable", then I guess if it were me, I would go somewhere that was not insulting my intelligence. No need to give your money to scammers and liars.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
