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Documentation Fees

667 messages,  Last post on Sep 18, 2009 at 3:24 PM

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What is this discussion about? Car Buying


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#408 of 667
Re: Some of your advice is flat wrong [mow] by bobst
Mar 13, 2006 (2:28 pm)
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Replying to: mow (Mar 13, 2006 2:21 pm)

Mow, maybe you misunderstood the point we were making.
 
Once you have determined what kind of vehicle you want, do some research and determine the OTD price you choose to offer. Then offer that amount and see if they accept.
 
There is no point asking a dealer how much their vehicle costs. Instead, tell them how much you are willing to pay out-the-door.
#409 of 667
Re: Some of your advice is flat wrong [bobst] by mow
Mar 13, 2006 (6:01 pm)
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Replying to: bobst (Mar 13, 2006 2:28 pm)

Well I wasn't referring to you bobst, however, again the way they state it there is no way to determine across the board what a true OTD price is. Why, because each area or state has different dealer add on prices. If you could blanket across to everyone and say 24,200 plus tax, tag, title for all with fees being xxx then yes you can determine a true OTD price.
  That isn't the case, as stated, all dealers here have a $699 fee--doesn't go into detail just a printed amount. Might be 299 in Texas or elsewhere. As I said the TMV was listed as 24,392--is that including fees? If not how much do you add on for that? If I would have gone for the TMV plus paid say $200 in fees, it would have cost me $1200 bad advice. Let's just say here in Fl. TMV for a Titan MSRP 29,135 is 22,700 + tax, tag, title and $699 fee. Now you have a TRUE, TRUE market value OTD price.
  Websites such as Edmunds, Carsdirect and Consumer Reports give some good information but ALL have a flaw--the prices they state DO NOT include for dealer fees which vary by hundreds. In fact they don't even mention a roundabout price for fees on top of the TMV price.
#410 of 667
Re: Some of your advice is flat wrong [mow] by british_rover
Mar 13, 2006 (6:09 pm)
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Replying to: mow (Mar 13, 2006 6:01 pm)

Of course they don't mention anything about fees or taxes. They simply vary too much region to region. Some states have the doc fee capped at like 50 bucks and in some places dealers get away for charging a ridiculous 699 doc fee. Taxes for cars in some states like NY vary from locale to locale so no way to figure that in.
 
If the doc fee is not too bad, say under 250 dollars, then I would just pay it and move on but otherwise work that into your negotiation.
#411 of 667
Re: $299 doc processing fee [cutehumor] by raybear
Mar 14, 2006 (3:22 am)
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Replying to: cutehumor (Mar 13, 2006 6:42 am)

That seems to indicate that the dealer is confident enough in his initial pricing that they're willing to disclose the doc fee, most do not.
 
Consider the fee part of the total cost of the vehicle when you compare to others.
#412 of 667
Disclosing Doc fees by bobst
Mar 14, 2006 (5:19 am)
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I bought a car at Rosenthal Honda in Tysons Corner several years ago and they clearly disclosed their $299 (I think) Doc fee - on a sign about twenty feet up on a wall where no one normally looks. I guess it was there so the sales person could point to it and convince the buyer the fee in non-negotiable.
 
Incidentally, I like the Rosenthal chain of Honda stores in Northern Virginia. Our family has bought five cars from them and all of the deals have been very smooth.
#413 of 667
So what does TMV on Edmunds cover? by mow
Mar 14, 2006 (5:47 pm)
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When they put at the bottom TMV price on Edmunds for example 24,392 on Titan Crew---is that their price including dealer fees or are they saying that price + dealer fees. Wouldn't they or any other site be better off saiying OTD prices which include fees?
#414 of 667
Re: So what does TMV on Edmunds cover? [mow] by bobst
Mar 14, 2006 (7:33 pm)
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Replying to: mow (Mar 14, 2006 5:47 pm)

No, they wouldn't. Dealer fees and the taxes that make up an OTD price vary from state to state.
 
A person who can't use the info on Edmunds plus some local knowledge to calculate an OTD price isn't trying very.
#415 of 667
Re: So what does TMV on Edmunds cover? [bobst] by mow
Mar 14, 2006 (8:50 pm)
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Replying to: bobst (Mar 14, 2006 7:33 pm)

Wow, do I disagree with that. If each state has certain fees then it would be beyond easy for them to first have you put in what state( I believe they already do a region adjustment)before giving you an OTD price. Your answer seems to indicate that their TMV price doesn't cover dealers fees. That being said---according to Edmunds and CD I should have gotten a good deal by paying 24,392 + my dealer fees($699) as a good indicator of price---when in fact my TMV turned out to be 22,700 + $699=23,399! That's quite a BIG difference if people are using these sights as indicators. If I was a car salesman, I believe I might like sites that give these TMV prices----giving me a nice paycheck!
#416 of 667
TITAN by geo9
Mar 14, 2006 (9:43 pm)
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In my area of Syracuse NY nissan is offering $2800
rebate and 1% 60 month financing on the titan.....
 
But still the nagging trim and brake problems even
on the 06s I see posted here, titantalk and elsewhere
 scare me!
Good luck and proceed with caution !
 
The best deals on a titan are the used ones..............
#417 of 667
Re: So what does TMV on Edmunds cover? [mow] by bobst
Mar 15, 2006 (6:14 am)
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Replying to: mow (Mar 14, 2006 8:50 pm)

Mow, when I mentioned the "info on Edmunds" I wasn't referring to the TMV price, which is often much too high. I was referring to the Pries Paid forum where people say what they paid, or claim to have paid, when they bought their car.
 
When we were ready to buy our Honda last March, I figured I would have to pay about $200 over invoice. However, one poster in Prices Paid said he got his for $500 under invoice. I found that hard to believe, so we went to the local dealer, offered $500 under invoice, and they accepted.
 
Therefore, the info on Edmunds saved us $700.

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