my brother is buying a used f 150 when he gets off shift tomorrow, hes a FF. The deal is just about done. But they are hitting him with a dealer transfer fee of 350.00 on a used truck and thats with his own financing. the dealer told me that fee is added to any vehicle that is financed. But i have never seen that fee on any of the used vehicles i've bought. Is this just a BS Fee? Thanks
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98 cobra vert #649 of 3480 & 1 of 340 in Laser Red
born 1-12-98 a monday car
mods 1 or 2 on a stock block
it's setting on there lot and has been for a few months now. I could see paying a x-fer fee if it was brought in for me, but not for one sitting on there lot.
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If you lift throttle shift, your dumb!
03 silver terminator/ traded in and not missed
mods= a little more air, a little more fuel
If he is getting a spectacular deal I could possibly justify it, but in the end I would walk. If they want to sell it bad enough, they will waive the fee.
When I bought my explorer in NC there was a $350 fee, but we negotiated the cash price on the phone, so he just put that down as part of the cash price so I still paid the same as I had planned.
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2001 Explorer
Cobra is gone
"dealer profit" fee is more like it.. they tried to do that to me in CO.. Told them to shove it up their ass..
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Quote:
Originally Posted by fiveohhhstang
For the rest of you to be in the loop, I had a reallly big crush on Matt in our high school days. One day I dragged my friend with me to try to catch him walking out to his car after he got off of work. And I also got his number from one of my dad's friends who owned REV Racing because Matt went in there for something.
You said he was using his own financing. the dealers get extra money from the bank when you finance with thier banks. so if you pay cash or your own bank the dealers do not get anything extra after the papers are signed. They are probably just trying to make up the difference with this fee. complain about it and find something you want fixed, replaced or looked at on the truck before you buy and this fee may be dropped if you take care of the problem yourself.
I told the dealer that fee = no sale and walked out. The sales twerp came running out saying that it was a mistake and there would be no fee. Amazing how many "mistakes" a dealer can make. All in their favor.
It costs money to ship a car from the auction but $350 is a little high. There are also fees for a dealership to buy the car. The buyers fee is usually around $200 and shipping is at least $40. Most dealers include it in the sale price. They are trying to pass the fee onto you. You can try to negotiate the fee but it is up to the manager on duty at the dealership if he is willing to discount it. People think dealerships make toms of money. In most cases they are not. A majority of dealerships are actually losing money these days.
I'm an F&I Manager at a BMW dealership. Just ask exactly what the fee is for. It sounds to me like a fee for dealer exchanging a vehicle from one dealership to another and should only be billed to a customer that requested this service. If your bro didn't request this and it was already on their lot, then yes it's BS.
It could be a doc fee for tag and title though. They should make it clear to him what he is pating for and all dealerships have admin fees. Our are $99 plus tax, tag, and title.
All the "Fees" should be paid out the purchase price, like 99% of the products in the world.
It's different if they had to ship it in just for him, but something that's sitting on the lot...BS.
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