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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.
Two major rankings of the best car brands came out on Thursday.
In Consumer Reports 2021 ranking, Tesla slid five spots to No. 16 due to reliability issues.
JD Power s 2021 Vehicle Dependability Study put Tesla near the bottom of the pack.
Tesla received poor rankings in Consumer Reports Brand Report Card and JD Power s US Vehicle Dependability Study, two major annual reports on the best car brands that were released on Thursday.
In Consumer Reports 2021 study, Tesla dropped five spots to 16th place due to reliability problems with the Model S, Model Y, and Model X. The nonprofit research organization noted that Teslas get high scores in owner satisfaction and its road tests, but only the Model 3 received a high enough overall score to be recommended.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Sonic Automotive Expands EchoPark’s National Footprint into the Northeast with Addition of Used Car King
February 19, 2021 GMT
SYRACUSE, N.Y. (BUSINESS WIRE) Feb 19, 2021
Sonic Automotive, Inc. (“Sonic” or the “Company”) ( NYSE:SAH ), a Fortune 500 Company and one of the nation’s largest automotive retailers, today announced the expansion of its specialty pre-owned vehicle brand with the addition of Used Car King to the EchoPark Automotive network.
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These two Used Car King locations bring EchoPark’s nationwide count of retail stores and delivery & buy centers to 18, following the recent openings of four new EchoPark locations during the fourth quarter of 2020. Furthermore, the addition of Used Car King expands EchoPark’s geographic footprint into the northeastern United States, serving car buyers throughout New York State and beyond.
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Sticker Shock: The Truth About Destination Fees
CR exposes how ballooning delivery charges may add to the cost of your new car By Mike Monticello