Bogus Fees You Shouldn’t Pay
- By
Julia Austin
Source: martin-dm / Getty
Dealer prep fees
If you’re looking to buy a car, you may find a multi-hundred dollar fee when you check out called a “dealer prep fee.” This fee pays for the dealership to prepare the car for sale. Hold up: wasn’t it already prepared for sale? It sure appeared ready for sale when you test-drove it. Almost nothing happens between the moment you sign your deal to the moment they give you the keys, so, what are you paying for exactly?
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