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Smart Shopper Documentation Fees
667 messages, Last post on Sep 18, 2009 at 3:24 PM
You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester
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Replying to: euphonium (Jul 22, 2009 3:08 pm) I believe what some here are trying to say is that a dealer may indeed give discounts and "deal" with customers, thereby allowing different prices for the same car. What a dealer CANNOT do (at least in some states) is show a doc fee (or any other fee) on the paperwork to some and not for others. In other words, a sale price can be different but the associated fees have to be charged equally. That's why if you "deal" away the doc fee, the salesperson will take it off the purchase price of the car but the paperwork will still show the charge. Do I have that right, salesfolks?? 
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Replying to: tallman1 (Jul 22, 2009 3:16 pm)
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Replying to: lrguy44 (Jul 22, 2009 3:49 pm) No. The same lack of comparative credit worthiness is ignored in home mortgage data in the past years and the resulting data used to show bias in lending. Same thing has happened in cars. The groups who want to try to prove their point use the data which is not correctly interpreted. |
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Replying to: imidazol97 (Jul 22, 2009 5:08 pm) |
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Replying to: joel0622 (Jul 24, 2009 7:29 am) TIA!
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Replying to: counselor4444 (Aug 28, 2009 12:32 pm) The label,"Additional Dealer Profit" has been replaced with "Doc fee". Both BS. |
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Replying to: joel0622 (Jul 24, 2009 7:29 am) Our DOC is $75 on A/X/Z/D plans and $375 on regular retail deals. I have maybe 5 people at the most balk at it in a months time. out of an average of 150 deals a month that is really nothing. I think part of the reason is because on our buyers orders in black bold letters it says it is to recover admin cost and it is profit. If ou are upfront and just tell people it is extra profit they usually say, oh ok, and thats the end of it.
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Replying to: joel0622 (Aug 29, 2009 7:15 am) |
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Replying to: joel0622 (Aug 29, 2009 7:15 am) All extra profit huh? Just as I suspected. I'm taking this news alert to the "Confessions of a Used Car Salesman" writer. 
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Replying to: jipster (Aug 29, 2009 10:37 am) Make sure you quote me. I want my props. I have neve been mentioned in a fiction story before.  
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