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MINI Cooper Prices Paid and Buying Experience
1094 messages, Last post on Aug 26, 2008 at 1:28 PM
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Replying to: 307web (Jul 09, 2004 12:42 pm)
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Replying to: mfullmer (Jul 09, 2004 1:01 pm) The dealer got extra profit and allows the buyer save face to be able to say they bought at MSRP, and the state/county didn't derive any extra tax revenue from it since it was excluded from taxation by being classified as a "fee." It is semantics since you had to write a larger check regardless. So, the Toyota dealers selling the Prius also charge it and that it makes it sound even more like it is just marked up junk fees they charge on "in-demand" cars, just because they can. The only dealer fee I have paid on cars have been the "doc fee" which was been $45 to $55. The rest of the fees on top of the selling price and destination charge listed on the factory sticker are only government fees (tax, license, registration, title etc.), but I haven't bought a car that was in such desperate demand as a Mini or Prius, so the dealers would not be able to get away with it in my case. |
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Replying to: mfullmer (Jul 09, 2004 1:02 pm) |
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California limites "doc fees" to $50 due to the abuses by dealers discussed above. A friend bought a car in Nevada fought like hell over a $495 "doc fee" there. They acknowledged it was an additional profit center (finance departments are already more profitable than new cars for some dealers, because of the GAP, alarm, and other services they sell when your guard is down) and they couldn't waive or reduce it (this is called a "negotiation ploy'). However, after another hour of negotiation they dropped the sale price by $500 (but not, technically, the doc fee). So where the "custom" is to collect a $500 doc fee, MINI dealers outside of California definitely have it better than dealers in California. As to other cars, you have to add back in the $450 differential on non-California purchases to figure what kind of deal you got ($3,500 in rebates, $2,000 dealer discount, $500 markup in junk fee vs. the rebates, only $1,500 in dealer discount). |
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I never stated this was a "doc fee". All I am going on is experience and every car I've bought in Georgia - Cadillac, Oldsmobile, Chevrolet, Lexus and now MINI has a Dealer Prep fee. They have all ranged around $550 or so. Am I saying that this cannot be negotiated? No. Am I saying that this isn't a charge that goes directly to the dealer? No. All I'm saying is that this is not part of the "Purchase Price". Yes, it is part of the "Total Paid" but not the "Purchase Price". My original post, lest it be forgotten, stated that the "Purchase Price" was MSRP. |
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The "dealer prep" fee is a simple dealer profit add-on and is NOT standardized or universally charged at all. It goes by many names: + dealer prep + doc fee + ADM (additional dealer markup) + market adjustment and others. It doesn't matter what they call it, ANY fee above and beyond MSRP + state tax/title/license is an additional dealer profit fee by definition, nothing more, nothing less. You didn't pay MSRP, you paid MSRP + $600. If you're happy with the deal, then that's fine, but you can't say you purchase price was MSRP because it was MSRP + $600. - Mark |
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First off, I haven't even gotten or purchased my MINI yet, it is ordered. I fully intend to negotiate that Dealer Prep fee down. I KNOW MY EXPERIENCE HERE IN ATLANTA SO UNLESS YOU HAVE PURCHASED SEVERAL VEHICLES HERE THEN YOU KNOW SQUAT ABOUT WHAT THE DEALERS TRY AND CHARGE HERE AS A "CUSTOM". Second, I've been in the car business over 20 years and I know what "purchase price" is and what "dealer add-ons" are, especially where taxes are concerned and how they are calculated. I thought I was entering the "MINI world" where people weren't quite as uptight as some. I guess not. It's probably typical of most boards. The people who have a few car purchases under their belts think that they have the entire process nailed. |
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fwiw, Edmunds shows MSRP to be the National Base Price without the destination charge. So MSRP for a MINI CooperS 2dr Hatchback (1.6L 4cyl S/C 6M) would be $19,899. Destination is $550. link (you have to select a color and go to the next page to see the destination fee). There's a footnote about ad fees but I don't think that applies to the MINI. My memory is a bit fuzzy but I think we used to consider that MSRP included destination. The National Base Price stuff is only a year or so old. My sister is still thinking about one, but she's not rushing into anything. Steve, Host |
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