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I Sold Cars for 15 Years — These 5 Fees Are Designed to Trick You

7.6K views · Jun 16, 2026 · People & Blogs

Comments · 6

  • @LondonBlue6894 · 3 months ago

    It can be overwheming when buying a vehicle.  This info is very useful, thank you.

    7

  • @quizplz · 1 month ago

    I took out the loan to get a better deal, then paid it off in full the next day.

  • @hammertyme8392 · 3 months ago

    Dealers are in business to make a profit. So is McDonald's and Burger King.

    3

  • @GeeKim-j9i · 2 months ago (edited)

    That's the reason you should be asking for the out-the-door price. It's irrelevant what kind of fees there are. For example, one car comes with no fees and costs $40,000, which is out-the-door. The other one costs $30,000 with $10,000 in all kinds of fees. Well, both cars cost the same. I don't understand people don't see this. Documentation fee is a joke. They are selling cars, so they need to make documents stating they are selling that car to this person. Documentation fees are like a receipt. You buy anything, you get a receipt or documents that it's yours now. Always arrange financing with your own bank. Get pre-approval from the bank for a set amount and keep it hidden until they give you the out-the-door price on the car. Know that you should be able to buy a car below the invoice price. Sometimes, it's a good idea to completely negotiate the price and tell the deal that if they become more desperate to sell at a lower price call him. If you do that to several dealers maybe one will be in a desperate situation to get rid of a car and give you a significantly better offer.

    1

  • @southwind73 · 1 month ago

    I buy used and always work on the out the door price. if a dealer tells me they need this extra fee, I say that is your problem that you need to figure that in the out the door cost I am willing to pay.

  • @paulconnors2078 · 2 months ago

    Gee David, you AI bot!   I thought you were a lawyer!   This is AI generated BULLSHIT!

    2

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