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It will vary depending on your need for a "guaranteed net price upon the sale" versus a "gross sales less the dealer's fees", which may be a fixed percentage (10-30%) of the sale or a combination of space rental + a fixed percentage.
The guaranteed net price will vary depending on the saleability (demand-age-condition) on the car. 2010 Porsche versus 1999 Explorer.
The dealer's consignment fee may include a monthly space rental charge or not. The dealer will charge 8-12% + expense on high value-high demand car > $30,000. Rate 12-20% <$30,000 >$10,000. Rate 15-30% <10,000.
If the dealer charges a monthly space rental fee of $75 - 400, the rates should be negotiated accordingly.
Maintain your automobile insurance as added protection, until the car sells.
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In Ohio can they tax a doc fee on a used car purchase?
Yes, the Doc Fee is actually nothing more than extra dealer profit and as such is taxable.
How do I get my car warranty extended?
You should contact both the car dealer and the insurance company to make sure that you get your warrenty extended. However, you might have to pay an additional fee.
What fee should you pay a used car dealer?
It will vary depending on your need for a "guaranteed net price upon the sale" versus a "gross sales less the dealer's fees", which may be a fixed percentage (10-30%) of the sale or a combination of space rental + a fixed percentage. The guaranteed net price will vary depending on the saleability (demand-age-condition) on the car. 2010 Porsche versus 1999 Explorer. The dealer's consignment fee may include a monthly space rental charge or not. The dealer will charge 8-12% + expense on high value-high demand car > $30,000. Rate 12-20% <$30,000 >$10,000. Rate 15-30% <10,000. If the dealer charges a monthly space rental fee of $75 - 400, the rates should be negotiated accordingly. Maintain your automobile insurance as added protection, until the car sells.
Car dealer processing fee?
It's pure profit for the dealer and is negotiable. Obviously, this depends on the dealer and your buying situation. But it is always pure profit.
Buy a car wholesale without a license?
Find a dealer who is willing, for a fee, to purchase a car wholesale for you. You cannot purchase a car through a wholesale auction without a dealer's license.
What kind of license would I need to be a car dealer in Seattle?
Washington's Department of Licensing (DOL) requires you to get a Car Dealer license if you sell more than 4 vehicles, registered to you, in a one year period. The fee for a dealer license in Washington is $750, with a $250 annual renewal fee.
Do car auctions charge sales tax?
No the auctual auction does not charge tax, they get a fee of the total price, but once a dealer sells that car that dealer has to pay taxes on that vehicle.
What is a brokers fee?
Do I have to pay brokers fee when buying a used car in Fl? Thanks
How to get a car dealer license in Mississippi?
The first step in obtaining a car dealer license in Mississippi is completing and submitting a dealer application with the state. The next step is paying the dealer licensing fee, biography and financial statement for each principal of the company, bond letter, and floor plan layout.
Does the state of Georgia require dock fees on new car puchases?
No they do not require a doc fee. This a documentation fee charged by the dealer and differs from dealership to dealership. You'll have a hard time getting the dealer to wave this fee as most will give you every excuse they can as to why it's charged in the first place.
How long do you have to change your mind about a new car purchase in SC?
You cannot change your mind about a new car purchase. The dealer may work with you to take it back, but there is usually a restocking fee or a fee of some type that they will charge.
What is the import fee on a car manufactured in Mexico and imported to the US?
I am abeing charged a dockiing fee for purchasing a Jetta VW wagon that is imported from Mexico to the United States Of America. What is that fee, is it legal or a dealer add on for more profit?
