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Smart Shopper Documentation Fees
687 messages, Last post on Feb 01, 2010 at 3:12 PM
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Replying to: tallman1 (Jul 22, 2009 4:16 pm)
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Replying to: lrguy44 (Jul 22, 2009 4:49 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 6:08 pm) |
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Replying to: joel0622 (Jul 24, 2009 8:29 am) TIA!
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Replying to: counselor4444 (Aug 28, 2009 1:32 pm) The label,"Additional Dealer Profit" has been replaced with "Doc fee". Both BS. |
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Replying to: joel0622 (Jul 24, 2009 8:29 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 8:15 am) |
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Replying to: joel0622 (Aug 29, 2009 8:15 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 11:37 am) Make sure you quote me. I want my props. I have neve been mentioned in a fiction story before.  
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I signed up 'Retail Buyers Order' for a Vehicle at a TN dealer that is "in-transit". This is waht the buyers order says. MSRP: 31800.00 Business Tax: 96.60 Doc Fee: 399.00 sub-total: 32295.60 state sales tax: 2260.00 Local sales tax: 80.00 License Fee: 117.00 Temporary Tag: 5.50 ------------------------- Total: 34758.00 Rebate: 1250.00 ----------------------------- Total (after rebate): 33508.79 What is confusing us is tax percent in TN is 9.25%, but 2260 tax is 7.1% of 31800? I don't know what they mean by by business tax. Can someone explain these numbers? Thanks in advance.
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