Just another way the dealer makes some extra profit at the buyers expense. You are paying them to do the paperwork. It is a rip-off and I always refuse to pay it or threaten to cancel the deal. Not payed it one time.
No they do not require a doc fee. This a documentation fee charged by the dealer and differs from dealership to dealership. You'll have a hard time getting the dealer to wave this fee as most will give you every excuse they can as to why it's charged in the first place.
Dealers can charge up to $250
It's pure profit for the dealer and is negotiable. Obviously, this depends on the dealer and your buying situation. But it is always pure profit.
The deputy service fee is associated with registering the vehicle and it includes tags and title work. The fee is minimal at $5.00 or less.
The state (Ohio ) maximum is $ 250.00 and that is what most dealers charge. It is a fee charged and is really profit for the dealer. They say it is negotable but it is only negotable if the dealer is willing to do that and most are not.
Washington's Department of Licensing (DOL) requires you to get a Car Dealer license if you sell more than 4 vehicles, registered to you, in a one year period. The fee for a dealer license in Washington is $750, with a $250 annual renewal fee.
It is simply an extra profit center for the dealership. It is simply an extra profit center for the dealership.
Yes, the Doc Fee is actually nothing more than extra dealer profit and as such is taxable.
Well there is no yearly fee, pre-payment charges, loan documentation penalties, or closing costs.
I am abeing charged a dockiing fee for purchasing a Jetta VW wagon that is imported from Mexico to the United States Of America. What is that fee, is it legal or a dealer add on for more profit?
No the auctual auction does not charge tax, they get a fee of the total price, but once a dealer sells that car that dealer has to pay taxes on that vehicle.
Here is another tip. This one is from a peer-reviewed article.Pass Through of Tax--tax inventory feeWhile VIT is actually one component of the dealer's ad valorem tax, state law allows dealers to pass on to retail buyers the unit tax attributable to that sale. The charge on a retail contract for the tax should be disclosed as "dealer inventory tax" and not misrepresented as a charge required by law or as the "buyer's inventory tax." While the VIT charge can be passed on to buyers, the law does not require that a dealer do so. In fact, the law is neutral on the issue, and an attempt to convince a buyer that the tax is a mandatory charge required by law to be added to the contract is incorrect and actionable.Addition of the tax on the contract is a negotiable item and a dealer can refuse to sell to a buyer who refuses to have it included. Conversely, a buyer can refuse to sign a contract that has it in. you will pay interest on this fee if you are financing.Documentary Fee---the dealership cannot charge you this fee. It is not a mandatory fee to pay to the dealership. Not only that, if you finance a vehicle, you will be paying some interest on that small fee as well.