Car dealerships need to collect fees to pay for business expenses like salaries, building maintenance, health care, and other costs associated with overhead. For this reason, it often costs more for individuals to purchase a car from a dealership than it does to finalize a person-to-person sale.
Now that you know how to avoid the profit pockets of the Finance & Insurance Department in regards to add-ons and financing, it’s time to address the ambiguous “Processing” Fee. When buying a car, you’re likely to stumble upon that one last fee. It’s known by many names: processing fee, documentation fee, administration fee, electronic… Read more »