Seven Car Dealership Ripoffs and How to Avoid Them

💰Learn about the non-negotiable fees that you should expect to pay at a car dealership, such as title and registration fees.

🚗Understand the difference between destination charge and delivery fee, and why you should never pay for the latter.

📺Discover why advertising charges added by dealerships are unnecessary and should not be passed on to customers.

🔒Learn about theft deferral products like VIN etching and wheel locks, and why they're often overpriced.

💸Find out how additional dealer markup, nitrogen tire fill-up, and accessories can add unnecessary costs to your car purchase.

Should I negotiate on non-negotiable fees?

—Non-negotiable fees like title and registration are set by the state and should be paid. However, you can negotiate other fees or have them itemized on the bill.

Are destination charges necessary?

—Destination charges cover the cost of transporting the vehicle and are generally fair. However, delivery fees are unnecessary and should be avoided.

Are theft deferral products worth the cost?

—While some theft deferral products may provide valuable protection, many are overpriced. It's recommended to seek alternatives or negotiate the price.

Should I pay for additional dealer markup?

—Additional dealer markup is typically a profit center for the dealership. It's advised to negotiate or consider trading for a different car if the markup is excessive.

Are accessories and cosmetic upgrades worth it?

—Accessories and cosmetic upgrades often have high markup and can be purchased elsewhere at a lower cost. Consider buying them separately to save money.

00:00Introduction to seven car dealership ripoffs and the importance of avoiding unnecessary fees and services.

03:00Explanation of non-negotiable fees like title and registration, which should be paid.

05:30Discussion about destination charges and the difference between destination charge and delivery fee.

09:00Explanation of advertising charges and why they should not be passed on to customers.

12:30Insights into theft deferral products like VIN etching and wheel locks, including their overpricing.

16:00Explanation of additional dealer markup, nitrogen tire fill-up, and accessories as unnecessary costs.