Car Buying Fee's Question?

[Buick355]

I fully understand the original question was related to fee's, I was just curious how taxes worked.

Would you prefer me starting another thread and cluttering up our Back Porch even more?

Derp indeed

Not sure if serious....

[CJ]

I add a 199 administration fee to every sale we do. It's non negotiable. If a customer walks on a sale over 200,then that same customer is going to be a pain in the ass later anyways. We would move 30-40 vehicles a month in 2012. That extra 200 pays a lot of bills.

Have you even had a state auditor? Max is $50 on doc fee unless you have written approval from the state. Administrative fee is just another name for an arbitrary paperwork fee (doc fee). The reason I ask is because our state auditor went after all the dealers charging over $50 without written approval.

http://www.occc.state.tx.us/pages/Legal/mv_advisory/HB%203621%20Bulletin%20Rev6_29.pdf

If the state finds your fee unreasonable, they'll force you to pay every customer that was charged it. Some of the independents in our area were bankrupted over it.

[War Machine]

Have you even had a state auditor? Max is $150 on doc fee unless you have written approval from the state. Administrative fee is just another name for an arbitrary paperwork fee (doc fee). The reason I ask is because our state auditor went after all the dealers charging over $150 without written approval.

Yea, we were audited over a year ago. Administration fee has to be explained in detail on sales Form. It's not the same as a doc fee

[CJ]

Yea, we were audited over a year ago. Administration fee has to be explained in detail on sales Form. It's not the same as a doc fee

We had a few dealers adding admin fees to circumvent that, those were the ones that were targeted. If they approved it than nothing to worry about. I personally have never worked for a lender what would allow a $199 admin fee in Texas, I see them occasionally from independents but I won't finance that.

[War Machine]

We had a few dealers adding admin fees to circumvent that, those were the ones that were targeted. If they approved it than nothing to worry about. I personally have never worked for a lender what would allow a $199 admin fee in Texas, I see them occasionally from independents but I won't finance that.

It's never been an issue for me. If they didnt want to finance it then someone else would. I have my finance license so I could always find them funding

[JC316]

I add a 199 administration fee to every sale we do. It's non negotiable. If a customer walks on a sale over 200,then that same customer is going to be a pain in the ass later anyways. We would move 30-40 vehicles a month in 2012. That extra 200 pays a lot of bills.

You don't understand the type of people that I sell to. I market to the people that desperately need a good car and don't have much money, so yeah, the $200 will cause a lot of people to walk. I also have a setup of what you see is what you pay, if I advertise a car for $2850, that is the out the door price.

[crapstang]

You don't understand the type of people that I sell to. I market to the people that desperately need a good car and don't have much money, so yeah, the $200 will cause a lot of people to walk. I also have a setup of what you see is what you pay, if I advertise a car for $2850, that is the out the door price.

No bs pricing. That'll move a lot of cars for you right there!

[slownbmta]

We charge the max doc fee (approved by the state). I guess we could just raise the price of the car by xxx amount of $, so you people wouldn't cry about it I've never lost a sale over it, and we sell 30-40 a month

[JC316]

No bs pricing. That'll move a lot of cars for you right there!

It does indeed. People are always shocked when I tell them that the advertised price is total. Even though it's in the ad, they usually ask me several times just to make sure that I am not screwing with them.

[Treasure Chest]

Another question:

Does having a autocheck/carfax report showing it was previously in an accident (the one I am looking to buy shows it was rear ended) help negotiation?

It's been repaired, but didn't know if that was a good bargaining point.

Im looking at an MDX that is out of state, but I don't feel like flying out there just to haggle and walk away, so I have to jew them down before sending a deposit.

A bad carfax/auto check is a great negotiating tool, but it'll be a thorn in your side when you want to get rid of the vehicle.

[Treasure Chest]

I add a 199 administration fee to every sale we do. It's non negotiable. If a customer walks on a sale over 200,then that same customer is going to be a pain in the ass later anyways. We would move 30-40 vehicles a month in 2012. That extra 200 pays a lot of bills.

I would walk over $200, but I'm also the type who is quite pleasant to deal with...as long as I'm working with someone who isn't trying to screw me by padding the sale.

[GrayStangGT]

I will only pay TT&L and the $50 doc fee, I walked on a $45k truck in Colorado over them trying to charge $500 in BS fees. When I'm shopping for a vehicle whether in person or online I always specify up front that I need a complete list of any and all fees that will be added to the purchase price.

[8mpg]

I'm guessing most people don't actually read all their paperwork. DDealerships add crap all the time like tint, and wheel locks, accent trim, and etc.

[exlude]

I add a 199 administration fee to every sale we do. It's non negotiable. If a customer walks on a sale over 200,then that same customer is going to be a pain in the ass later anyways. We would move 30-40 vehicles a month in 2012. That extra 200 pays a lot of bills.

Unless you disclosed that fee upfront well before we got to the paperwork, I'd absolutely walk. Too many dealers out there that aren't trying to pull last minute bullshit.

[exlude]

We charge the max doc fee (approved by the state). I guess we could just raise the price of the car by xxx amount of $, so you people wouldn't cry about it I've never lost a sale over it, and we sell 30-40 a month

That's actually the legitimate way to do it, but harder to hide when advertising.