When you buy an automobile, everyone understands and is prepared to pay the known costs associated with that purchase. These of course include the price of the vehicle and the state sales tax which total a majority of the cost that one will pay. But there are additional costs that raise the price of purchasing and operating a car and all of these costs are not easy to spot because some are sometimes buried in with the overall cost of the vehicle.
Buyers should use the internet to find out the complete range of fees included in the purchase of a car. You can use social media sites to ask questions of other car buyers regarding their purchases. You can also connect with car dealers on social media sites like Facebook and ask them questions about what they charge and why. For reputable car dealers like Robert Bassam Facebook offers an opportunity to communicate directly with potential customers and they welcome the interaction.
There are a list of fees added to the cost of any car that are required by the state and go into the cost of any vehicle. These include registration, title and license fees and should be passed through from the state to you with no add-on costs from the dealer. There are additional fees and add-ons that go under the heading of dealer fees that typically have additional costs added by the dealership.
Every dealer has a list of fees that they add to the price of a vehicle. These costs are sometimes actual costs passed from the dealer to you and other times they are simply a profit center for the dealership. Reputable car dealers do their best to keep these fees low and are open to negotiate many of them at any time. They include:
Vehicle Delivery Fees: These are fees the dealer pays for having a car delivered from the factory to his dealership. The manufacturer charges the dealer these fees and the dealer always seeks to pass them on to the buyer. The exact cost of these fees are often exaggerated and therefore can be negotiated down or eliminated.
Dealer Prep Fees: The vehicle you are purchasing was washed and detailed by the dealership. In addition, they made sure the oil and other fluids in the car were topped off. Finally there may be a full or nearly full tank of gas in the vehicle when you purchase it. These costs may be passed on to you as dealer prep fees. Many see these costs as part of the dealership doing business and there is definitely the chance to get the dealer to eat them.
Advertising Fees: To get you to know about and to come into the dealership, the dealer likely advertised. These costs can be very expensive for dealers and they will often pass on the costs of this advertising to buyers. These costs are obviously subjective and are open to negotiation by the buyer.
Protection for Paint and Fabric and Against Rust: When you are buying a new car, these fees are never justified because every new car has these protections that will last for many years. If you are purchasing a used car however, and that car is older than 7 years, there may be a need for added protections to the paint and fabric and against things like rust. But one should be careful of the actual cost charged by the dealership for these protections. Quite often, these are high-profit add-ons for the dealer.
Documentation Fees: When the dealer sells you the ca, he will have costs related to that sale. These include: paperwork for registering the car, getting your credit score, and other related things. These are actual costs to the dealer and they have a right to move them to you but you want to make sure the costs are real so ask for a line item breakdown of the costs and be prepared to dispute those that seems shady.
When you understand these costs and tie them to your car purchase price, you understand what you are actually paying for when you buy your vehicle. You also know how to approach a dealer about these costs and where you can potentially save some money.