Doc Fees
#1
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Doc Fees
Ok..what's up with these Doc Fees? I leased a RX350 and a IS350 last year and probably paid the fee in my lease. I just recently bought a Neiman Marcus IS-F and called my dealer today cause I was going to give them a check for the full amount I owe, minus the $5 grand deposit. They said that a $599.00 Doc Fee is part of the invoice. I'm bringing them a check, but finally did some research on this fee through Edmunds and the following explanation explained it to me more thourghly. Another words..I'm being screwed. My dealer is in Las Vegas and wondering if anyone else pays this outragous addition.
(Edmunds.Com)
Doc fees: In states where doc fees are not regulated by the government a dealership will often sell a car at a very attractive price but then hit the buyer with a $399 doc fee when the contract is drawn up. If you refer to our chart, and see that doc fees are not capped in your state, you should find out early on in the buying process what the dealership charges. If it is high — anything over $100 — you will need to negotiate more aggressively to offset this price.
(Edmunds.Com)
Doc fees: In states where doc fees are not regulated by the government a dealership will often sell a car at a very attractive price but then hit the buyer with a $399 doc fee when the contract is drawn up. If you refer to our chart, and see that doc fees are not capped in your state, you should find out early on in the buying process what the dealership charges. If it is high — anything over $100 — you will need to negotiate more aggressively to offset this price.
#3
Moderator: LFA, Clubhouse
This is Lexus of Las Vegas? Thanks for bringing this to my attention. I'll call my sales guy up tomorrow and ask him if this is typical. I generally consider stuff like this BS and certainly wouldn't mind giving corporate a ring about it.
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Thank You. I sent a email out to my salesman and the GM last night and the GM responded very quickly to me this morning. He baciscally said that I had a valid point and that the salesman should take care of it. We'll see.
#5
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If you are already paying MSRP... there should be no "extra doc fees"...
When you pay dealer invoice, they also show you the extra fees that are masked by MSRP..
In CA, those fees are TDA, RES & HB...
Which stand for "Toyota Development Advertising", "Wholesale Financial Reserve", & "Dealer Holdback"..
You only see these fees listed above when you are negotiating dealer invoice price...
Which isn't even possible right now with the IS-F
In a nut shell the "extra doc fee" is a load of crap..
Joe Z
When you pay dealer invoice, they also show you the extra fees that are masked by MSRP..
In CA, those fees are TDA, RES & HB...
Which stand for "Toyota Development Advertising", "Wholesale Financial Reserve", & "Dealer Holdback"..
You only see these fees listed above when you are negotiating dealer invoice price...
Which isn't even possible right now with the IS-F
In a nut shell the "extra doc fee" is a load of crap..
Joe Z
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