Buying a New Car? Watch Out for Fees.
Mar 15, 2017 08:27:16 #
You get a price for the car, but then the dealer adds lots of other costs - maybe more than he should. We had a local Toyota dealer that was adding thousands to the invoices of cars for years. He was caught, paid a fine, and is still in business.
http://jalopnik.com/this-insane-price-quote-is-why-you-always-look-for-hidd-1793202859
http://jalopnik.com/this-insane-price-quote-is-why-you-always-look-for-hidd-1793202859
Mar 15, 2017 11:48:37 #
We bought a 2017 Chevrolet Cruze hatchback premier in February and it had a sticker price of just under $30,000. When all the discounts were applied and negotiations with salesman and sales manager complete, the price of the car dropped to around $23,000. The only additional cost, I purchased an extended warranty on the drive train, electronics and wheels. Yes, wheels. With today's low profile tires mounted to extremely expensive alloy wheels and Pennsylvania' notoriously potholed roads, I figured it's good insurance I hope I never have to use. If anything goes wrong with the drive train or electronics, excluding normal wear, for as long as I own the vehicle, it's covered.
The cost of the extra warranties was covered by the trade in allowance they gave us for our 2009 Pontiac G3, an amount that exceeded the book value of the car. In the end, we paid several thousand dollars less for the car than invoice and what Chevrolet.com Web site said the car should cost. I guess not all dealers are dishonest.
The cost of the extra warranties was covered by the trade in allowance they gave us for our 2009 Pontiac G3, an amount that exceeded the book value of the car. In the end, we paid several thousand dollars less for the car than invoice and what Chevrolet.com Web site said the car should cost. I guess not all dealers are dishonest.
Mar 15, 2017 12:19:02 #
Mar 16, 2017 06:06:46 #
Mar 16, 2017 07:23:07 #
dpfoto
Loc: Cape Coral, FL
The easiest way to avoid all the added fees is to get up and start walking out. When they ask why, tell them you will not pay their extra "fee(s)". There are a few honest dealers out there, but you might have to search around for one.
Mar 16, 2017 07:35:50 #
dpfoto wrote:
The easiest way to avoid all the added fees is to get up and start walking out. When they ask why, tell them you will not pay their extra "fee(s)". There are a few honest dealers out there, but you might have to search around for one.
I found an excellent dealer in NH, and we bought most of our vehicles from him over about twenty years. No tricks and no hassles. Irwin Motors in Laconia.
Mar 16, 2017 08:01:29 #
Heck,don't forget DMV and their fees also on private sales. Bought a 95 Vette last year for 5000 and by the time I got out of DMV, it was an extra 523.
Mar 16, 2017 08:02:54 #
achesley wrote:
Heck,don't forget DMV and their fees also on private sales. Bought a 95 Vette last year for 5000 and by the time I got out of DMV, it was an extra 523.
Sales tax? We pay 8% here. In some states, you have to pay property tax to register a vehicle. That can get very expensive.
Mar 16, 2017 08:06:59 #
For sure on the sales tax in La. Looking for another car at present but you can be sure I add 11% to the prices I see. LOL!
Mar 16, 2017 08:08:57 #
dpfoto
Loc: Cape Coral, FL
I'm not referring to the taxes and other government thievery, I was referring to DEALER add-on fees.
Mar 16, 2017 08:22:36 #
Our local Toyota dealer is still in business after bilking customers out of thousands.
http://www.dailyfreeman.com/general-news/20140818/state-attorney-general-kingston-auto-dealer-bilked-customers-out-of-over-17k-between-2011-and-2013
http://www.dailyfreeman.com/general-news/20140818/state-attorney-general-kingston-auto-dealer-bilked-customers-out-of-over-17k-between-2011-and-2013
Mar 16, 2017 09:00:50 #
dpfoto
Loc: Cape Coral, FL
I remember, many years ago when I lived in a State that had a "Personal Property" tax... We had to list, and pay a tax on EVERYTHING we owned... furniture, books, tools, cameras, records (They were vinyl records back then), Radio & TV's, etc., etc.
It became known as the "Liar's Tax". I think maybe 10% of the people actually listed EVERYTHING.
About a year after I moved away from that State, I received a Personal Property" tax bill from them, for over $200. I sent them a PENNY, along with a note telling them where they could stuff it. I never heard back.
I understand they no longer have that ridiculous tax, and replaced it with a sales tax.
It became known as the "Liar's Tax". I think maybe 10% of the people actually listed EVERYTHING.
About a year after I moved away from that State, I received a Personal Property" tax bill from them, for over $200. I sent them a PENNY, along with a note telling them where they could stuff it. I never heard back.
I understand they no longer have that ridiculous tax, and replaced it with a sales tax.
Mar 16, 2017 09:19:24 #
Mar 16, 2017 11:11:29 #
dpfoto wrote:
The easiest way to avoid all the added fees is to get up and start walking out. When they ask why, tell them you will not pay their extra "fee(s)". There are a few honest dealers out there, but you might have to search around for one.
This happened a few years ago when I traded my Maxima in for a new Honda Accord. We had come to final agreement on the net purchase price after trade in. The salesman handed me the contract and there was a $550 "customer service fee" added. I handed the contract back, stood up and ask for the keys to my Maxima. He asked why. I said I'm leaving. He asked why. I said that is not the price we agreed on. He went and got my Maxima keys and I walked out. He followed me outside and then asked what it would take to close the deal. I said, "Remove the customer service fee plus an additional $500 and I will sign the contract. He did it. Go figure!
Mar 16, 2017 12:23:19 #
I never bought a new car and don't plan on getting one now, especially a Corvette. I did lease a new vehicle many years ago. Will never do that again.
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