What fees to watch for on final sale sheet from dealer before delivery
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I've seen on the forum the sheet detailing what to prepare for when picking up a new car. http://forums.e60.net/index.php?showtopic=2117. This is extremely helpful.
My question relates to what "fees" to watch for when picking up new car from my dealer.
I negotiated $1500 over invoice. The purchase order MSRP totalled $69,105 (included gas guzzler fee of $1,300). My cash sales price is marked as $64,806.00 - but noted as "plus tags, taxes, processing".
I know there is a $295 processing fee but what else should I be aware of before I go in, take delivery and sign off? I expect to see taxes, tags and processing fees - but what does that include - and what other mysterious "fees" should I be wary of? (I'm in VA)
Just want to make sure I ask the right questions and have answers for my dealer if and when they try to stick me for negotiating $1500 over invoice.
Thanks for all your help.
My question relates to what "fees" to watch for when picking up new car from my dealer.
I negotiated $1500 over invoice. The purchase order MSRP totalled $69,105 (included gas guzzler fee of $1,300). My cash sales price is marked as $64,806.00 - but noted as "plus tags, taxes, processing".
I know there is a $295 processing fee but what else should I be aware of before I go in, take delivery and sign off? I expect to see taxes, tags and processing fees - but what does that include - and what other mysterious "fees" should I be wary of? (I'm in VA)
Just want to make sure I ask the right questions and have answers for my dealer if and when they try to stick me for negotiating $1500 over invoice.
Thanks for all your help.
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Originally Posted by wmbiii' post='258270' date='Mar 21 2006, 09:21 PM
I know there is a $295 processing fee but what else should I be aware of before I go in, take delivery and sign off? I expect to see taxes, tags and processing fees - but what does that include - and what other mysterious "fees" should I be wary of? (I'm in VA)
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Originally Posted by ImolaRedM' post='258277' date='Mar 21 2006, 09:37 PM
FWIW, Even the processing fee is negotiable. It's pure profit for the dealer. I think MD dealers charge less ($100?). But I generally refuse to pay it or make them include it in the $ over invoice that we agree on.
What else?
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Originally Posted by wmbiii' post='258270' date='Mar 21 2006, 09:21 PM
I've seen on the forum the sheet detailing what to prepare for when picking up a new car. http://forums.e60.net/index.php?showtopic=2117. This is extremely helpful.
My question relates to what "fees" to watch for when picking up new car from my dealer.
I negotiated $1500 over invoice. The purchase order MSRP totalled $69,105 (included gas guzzler fee of $1,300). My cash sales price is marked as $64,806.00 - but noted as "plus tags, taxes, processing".
I know there is a $295 processing fee but what else should I be aware of before I go in, take delivery and sign off? I expect to see taxes, tags and processing fees - but what does that include - and what other mysterious "fees" should I be wary of? (I'm in VA)
Just want to make sure I ask the right questions and have answers for my dealer if and when they try to stick me for negotiating $1500 over invoice.
Thanks for all your help.
My question relates to what "fees" to watch for when picking up new car from my dealer.
I negotiated $1500 over invoice. The purchase order MSRP totalled $69,105 (included gas guzzler fee of $1,300). My cash sales price is marked as $64,806.00 - but noted as "plus tags, taxes, processing".
I know there is a $295 processing fee but what else should I be aware of before I go in, take delivery and sign off? I expect to see taxes, tags and processing fees - but what does that include - and what other mysterious "fees" should I be wary of? (I'm in VA)
Just want to make sure I ask the right questions and have answers for my dealer if and when they try to stick me for negotiating $1500 over invoice.
Thanks for all your help.
I am no pro, but I always negotiate an out the door on the road price. Includes everything (tax, tag, title, processing fee, etc.) My dealer gave me $1000 over "invoice", but then he added $480 for advertising, training and processing fees. I felt comfortable because the out the door price was ($55860) $1339 over Edmunds.com invoice plus tax, tag, title.
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Originally Posted by glassr' post='258467' date='Mar 22 2006, 12:23 PM
I am no pro, but I always negotiate an out the door on the road price. Includes everything (tax, tag, title, processing fee, etc.) My dealer gave me $1000 over "invoice", but then he added $480 for advertising, training and processing fees. I felt comfortable because the out the door price was ($55860) $1339 over Edmunds.com invoice plus tax, tag, title.
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My Ride: Ordered 2/6/06: 2007 530xi jet black, auburn, manual, premium, cold weather, nav, sirius, pdc, folding rear seats, sunshades
Originally Posted by wmbiii' post='258481' date='Mar 22 2006, 12:56 PM
That's what I am talking about; the processing fee is already on my purchase order ($295), I don't want to get tagged with an advertising fee - what the hell is that? I'm fine with tax, tags, title but am wary of those other fees and am hoping folks can tell me what to watch for.
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