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The Day - Buying a new car? Watch out for $2,000 hidden fee in footnotes - News from southeastern Connecticut

The Day - Buying a new car? Watch out for $2,000 hidden fee in footnotes - News from southeastern Connecticut
theday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theday.com Daily Mail and Mail on Sunday newspapers.

4 Hidden Uses for Your Key Fob - The News Wheel

4 Hidden Uses for Your Key Fob - The News Wheel
thenewswheel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenewswheel.com Daily Mail and Mail on Sunday newspapers.

Bottom Line: Hidden car fees and how to haggle for a better price

Bottom Line: Hidden car fees and how to haggle for a better price
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Why you should ask about destination fee s before purchasing a new vehicle

Why you should ask about ‘destination fee’s before purchasing a new vehicle Destination fees are skyrocketing Tags:  DETROIT – When you buy a new car, there are usually a lot of fees you have to pay. Included in that fee is a destination fee, which is the charge for delivering the car from the factory to the dealership. Those fees are skyrocketing. Some people have reported the fees reaching close to $2,000. Often you don’t see the fee in the numbers until after the sale is finished. Mike Monticello with Consumer Reports said he is frustrated. He said Stellantis in particular has had destination charges go up.

How to deal with rising destination fees when buying a car

Tim Boyle/Getty Images The fees are non-negotiable but are also not advertised in a vehicle s base price. To offset the rising fees, Consumer Reports recommends that buyers negotiate the bottom line. If you ve ever examined a car s window sticker, there s usually something added onto the vehicle s final MSRP called a destination and delivery fee. And it looks like those fees are increasing fast, according to a new Consumer Reports investigation. After researching industry data from ChromeData, Consumer Reports found that destination fees jumped from an average of $839 in 2011 to $1,244 in 2020, the outlet s Mike Monticello wrote. That s more than 2.5 times the rate of inflation, the story said.

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