💰Car dealerships add low-cost, high-profit items like VIN etching and LoJack to every car.
🚗Pin stripes and other car accessories offered by dealerships are overpriced and unnecessary.
💸Avoid paying for credit life insurance and loan cancellation policies offered by dealerships.
🔧Blinking brake lights and security systems installed by dealerships are often overpriced.
🚚Destination fees on new cars are standard and cannot be negotiated, but never pay destination fees on used cars.
What are some common sneaky fees charged by car dealerships?
—Some common sneaky fees include VIN etching, LoJack, pin stripes, blinking brake lights, and destination fees on used cars.
How can I avoid paying unnecessary fees at a car dealership?
—To avoid paying unnecessary fees, refuse to pay for low-cost, high-profit items, negotiate the price of car accessories, and do not pay destination fees on used cars.
Should I buy insurance policies offered by car dealerships?
—It is generally not recommended to buy insurance policies like credit life insurance and loan cancellation policies from car dealerships as they are often overpriced. Look for better coverage options elsewhere.
Are blinking brake lights and security systems worth the cost?
—Blinking brake lights and security systems installed by car dealerships are often overpriced. Consider purchasing them from other sources at a lower cost.
Can I negotiate destination fees?
—Destination fees on new cars are standard and cannot be negotiated. However, you should never pay destination fees on used cars.
00:00Car dealerships often add sneaky fees to inflate their profits.
00:43VIN etching, LoJack, and other low-cost, high-profit items are commonly added to every car.
01:44Pin stripes and other car accessories offered by dealerships are often unnecessary and overpriced.
02:57Avoid paying for credit life insurance and loan cancellation policies offered by dealerships.
04:18Blinking brake lights and security systems installed by dealerships are often overpriced.
06:06Destination fees on new cars are standard and cannot be negotiated, but never pay destination fees on used cars.
