ascMcLaren Enthusiasts

shelbyscarab · Joined: 18 Jul 2006 Posts: 1009 Location: The Buckeye State

What is this exactly? Anyone?

I'm negotiating for a used car and they are trying to slide this "fee" in.

Rolling Eyes

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1988 ASC McLaren #688

19cobra93 · Joined: 04 Nov 2009 Posts: 17 Location: Clinton, Utah

Just about every dealer I know charges "doc fees". They charge anywhere from $100-$400. This pays for title transfer, the title clerks time, and various other things. I've never agreed with it, but I've always had to pay it. Used or not.
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1985 ASC Capri Coupe
Blue/Orange

2005 Mustang GT
Supercharged

shelbyscarab · Joined: 18 Jul 2006 Posts: 1009 Location: The Buckeye State

sounds like a BS fee to me........ thanks for the response cobra...

The one I'm dealing with is $250......

Sandy, you out there? I'm sure you can talk for a day on this......
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1988 ASC McLaren #688

19cobra93 · Joined: 04 Nov 2009 Posts: 17 Location: Clinton, Utah

I once bought an '81 Capri that was traded in to our dealership for $250. They sold me the car for the same $250, but I also had to pay the $250 doc fee. I worked there and still had to pay it. It's rediculous if you ask me, but from my experience, there's no way around it.
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1985 ASC Capri Coupe
Blue/Orange

2005 Mustang GT
Supercharged

Sandy · Posted: Fri Nov 20, 2009 7:53 pm Post subject:

THE TRUTH, even if it burns...a bit

It's pretty much "B.S." - to a point......

90% of retail buyers haggle haggle hagle hagle hagle hagle hagle hagel
haggle haggle hagle hagle hagle hagle hagle hagel
haggle haggle hagle hagle hagle hagle hagle hagel
haggle haggle hagle hagle hagle hagle hagle hagel

and by the time the buyer & seller have FINALLY come to terms.....
there just plain is not much meat left on the bone.

SOooooo, to put a little meat BACK on the bone, they charge Documentary Fee.
Pay it. It's not worth dickerring over, making enemies at the dealership and bitch-moaning.

Percentage=wise, retail dealers make less profit, per car/truck than any other item you purchase !!

Example: You buy a comforter for your bed at a big-box store. You pay around $79 dollars for it. The store paid around $19 dollars for it, as it's made in China or some other similiar place. They have made $50.OO
pre-expenses on your comforter.

When I sold cars (for 27 years) we'd (if we had to_ blow a car out for $150.00 OVER Invoice ! We'd then have to pre=road service it (costs $$$) and do all the paperwork! ((documentary)) Smile

In the bitter end, Target, K-Mart...whomever, made more PROFIT on the comfortor !!!

If the car is decent. if your are okay with the price, if they have treated you fairly, pay the man the money and enjoy the car. Don't worry 'bout how big the hole is.....enjoy the donut. Life is short.
_________________
Sandy passed away in 2012. He will be forever missed.

1990 Final Car prior to the 12 Silver Anny Editions
1990 Silver Pearl Anny Edition
1986 Coupe Full Pkg #109 of 114.

http://public.fotki.com/ascmclaren/ascmclaren_capris/sandys_mclarens/

shelbyscarab · Joined: 18 Jul 2006 Posts: 1009 Location: The Buckeye State

shelbyscarab · Joined: 18 Jul 2006 Posts: 1009 Location: The Buckeye State

Thanks for your input Sandy!
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1988 ASC McLaren #688

Sandy · Posted: Fri Nov 20, 2009 8:18 pm Post subject:

WAIT !!

Now THAT IS SOMETHING ELSE ! When you state that the numbers don't look right >> "term length are not coinciding" THAT I don't like !

1st, NEVER EVER get your $$$$ from the dealer ~ BUY your $$$$ at the bank, and buy youir car AT the dealer ! Dealers charge extra fees, percentage points, etc, for making the loans and the connections with the bank. Only folks with crap credit need to go thru a dealer, UNLESS the car's brand maker (NEW CAR) has a spif on ! That is probably where you are having math problems.

Cost of Car + State Sales Tax + Doc Fee + TOTAL Interest for loan + license Plates, (if needed) should be your bottomline, minus any deposit allready given. Next time, buy your money at the savings & Loan in the town you reside in.
_________________
Sandy passed away in 2012. He will be forever missed.

1990 Final Car prior to the 12 Silver Anny Editions
1990 Silver Pearl Anny Edition
1986 Coupe Full Pkg #109 of 114.

http://public.fotki.com/ascmclaren/ascmclaren_capris/sandys_mclarens/

Sandy · Posted: Fri Nov 20, 2009 8:21 pm Post subject:

IF you are not happy, ask your sales rep to write down each & every cost and the amount you are being charged.. BEFORE you continue on.
_________________
Sandy passed away in 2012. He will be forever missed.

1990 Final Car prior to the 12 Silver Anny Editions
1990 Silver Pearl Anny Edition
1986 Coupe Full Pkg #109 of 114.

http://public.fotki.com/ascmclaren/ascmclaren_capris/sandys_mclarens/

shelbyscarab · Joined: 18 Jul 2006 Posts: 1009 Location: The Buckeye State

Sandy · Posted: Fri Nov 20, 2009 9:31 pm Post subject:

1. Check duartion of loan
2. Read fine print
3. Read late fees
Double check everything.
If unsure, ask & have sales rep or mgmnt write it down.
Don't complete until you are satisfied and happy Laughing

_________________
Sandy passed away in 2012. He will be forever missed.

1990 Final Car prior to the 12 Silver Anny Editions
1990 Silver Pearl Anny Edition
1986 Coupe Full Pkg #109 of 114.

http://public.fotki.com/ascmclaren/ascmclaren_capris/sandys_mclarens/

shelbyscarab · Joined: 18 Jul 2006 Posts: 1009 Location: The Buckeye State

I'm just curious as to what they are going to give me for trade-in of the McLaren.
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1988 ASC McLaren #688

shelby2404 · Joined: 11 Oct 2009 Posts: 18 Location: waterford mi.

do not trade it in they will not give you much ,sell it outright. you will get more money.they are thiefs when it comes to trade ins
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1987 asc mclaren #423 93000 miles
2007 black shelby gt #2404 560 miles

lightning95sc · Joined: 05 Sep 2004 Posts: 327 Location: Detroit,MI

I don't agree with the "Documentary Fee", and I don't pay it. I've walked away from several cars because of it.

Nobody seems to be able to come up with a "reasonable" breakdown of what their fees include, so I don't pay.

Transferring a title in Michigan is less than $20. Filling out paperwork to sell the vehicle is the cost of doing business.....factor it into your price. Just like me putting gas in my car to come to the dealership is in my cost (thin analogy, I know.), but I don't ask the seller to pay me to come look at the product.

Chuck
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"They gon' talk about you anyway, just let it roll off."

Sandy · Posted: Sat Nov 21, 2009 12:18 am Post subject:

Shelby 2404, I have to both agree and disagree with you.

Dealers are IN the business. You (meaning the public are NOT in the business...) In business, especially where there is a PRODUCT, every product, tangable product, hard goods.....these goods have 2 values!
Retail and Wholesale. It is no different with vehicles.
They have a wholsale and a retail value. We buy at wholesale - just as the liquor stores buy their beer, wine and booze, and then re-sell it at a profit. Ditto food, cosmetics and clothing and most other items.
That is business ! This in no way makes us or any other business THIEVES. Some of those bottles of wine on the shelf cost the store's owner $8 dollars and they sell them for $42.00 !! (and) YOU and millions of others gladly fork up the $$$ .
_________________
Sandy passed away in 2012. He will be forever missed.

1990 Final Car prior to the 12 Silver Anny Editions
1990 Silver Pearl Anny Edition
1986 Coupe Full Pkg #109 of 114.

http://public.fotki.com/ascmclaren/ascmclaren_capris/sandys_mclarens/