6 Car Dealer Fees To Avoid & Save $$$ NEVER PAY THESE

You don't want to be the person who finances $20,000 dollars at 18% interest for a $14,000 car because you did not understand all the underlining fees. Some new car dealer fees and used car dealer fees are legitimate but most are a rip-off designed to give the customer perceived value the dealer BIG profits. There is nothing wrong with car dealerships making money but the customer has to understand the car negotiation process and fee involved. If you don't understand what you are buying you are wasting money and if you finance these fees into your loan it is costing you even more money.

0:00 Intro
0:33 Prep Fee
1:23 Advertising Fee
2:55 Market Adjustment Fee
4:53 The Extra’s
6:39 The Finance Office
08:02 Vin Etching
08:57 Rust Proofing
09:07 Extended Warranty
12:09 Cash Surcharge
13:20 How to negation fees

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///DISCLAIMER///
This video is for entertainment purposes only. Always seek professional assistant for financial and legal matters. I am not a licensed financial advisor and only sharing my opinion. The links in this description may be affiliate links, meaning I may receive a commission if you make a purchase. Don't worry; it's no additional cost to you; it's just a way to support the channel. Thanks for supporting my channel.

[billymcbilliam]

Yo Diamond!! Thanks for some good info!

[Fred-]

A Chevy dealer tried to add on the Advertising Fee to me. I asked what this was, and he said all the dealers agreed to that fee so they could pay for the ads. I said, "I did not see any ads, so I'm not going to pay it. Do you want to add a line item for your electric bill, too?"

[sheilasimpson]

Another excellent information video! Especially the finance office up sale of extended warranties. If you buy it, don’t finance it.

[fitecommander]

Number two got me back in the days...did you make a video like this too for credit cards or loans?

[jpharrispd]

OMGoodness talk about total rip offs… this is hilarious!! Thank you for this video, very informative!!

[lindasanders]

Hi I’m looking fir a car now thanks looking at the 2022 Hyundai SeL Premium

[michaelhartzenberg]

Hi we buy a car wit all these extra
We go back to the dealer to akr him to remove all
And the giy told me i am not there custom i must go to the bank who has financ the

[doinrealthings]

Lol I like this video I'm looking for a new car and trading mines In I'm not trying to get played

[najmapascal]

Is it at all possible to go back to dealership if you were not aware that you were paying for ACC fee and RESISTALL extended warranty as was to be covered by them and now I see they added it into my pmts.

[tigretouchingbandz]

I got a question bro I watch a lot of your videos . So I’m in a 2020 Honda Accord I got 6months ago I don’t want it at all anymore I rushed into the deal originally . I Want to carmax yesterday (like you said) they offered me 1k more then it’s worth. Thinking of grabbing this Charger I been wanting but my monthly payments looking like 1k a month compared to 600$ on my Honda . Credit not good and no consigner, Just got a new raise at work So I could afford it but do you think it’s worth it ? I don’t wana kill myself financially, & when can I ask to lower my payments? 6months ? 1 year? 2 years? Help me out G you keep it real much love 💯🤞🏽

[lindasanders]

All 5 things listed where are they listed on the contract

[jepg]

Help I bought a car and they gave it to me msrp but dealer tricked me into getting free oil changes for 25k miles so 5 yrs but dude didn’t tell me that it added to my principal 1k more then we agreed…. Oil changes are really cheap in my area so im pissed can I call and cancel that add on ? Even though they already sent it over to the bank ? He got me with it will lower your interest rate if you get this thing so it will pretty much be free ……

[johnnybrix]

Funny thing is you people think car dealerships have no right making profit😂😂😂😂how tf you think they stay in business....there's not as much profit in cars as you people seem to think. Yet you feel your entitled to some huge discount. Yet your cell phone provider charges you more bullshit fees than any dealership ever and you blindly hand over your money every month ans never question it, don't feel like you're entitled to a "better deal" and don't look at them as "dishonest or scam artists"😂😂😂now why is that? Maybe if consumers didn't tell more lies and try to low ball every dealership then these other fees wouldn't be necessary.