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The above fees are shown on the original order sheet from the dealer. My question arose when I price out the truck on nada.com and it came up over $900 less. If you add the two fees to the nada invoice price, it does come out exact with the original invoice quote. I was asking the question because nada.com states that the advertising costs are included in the invoice price they show. I basically thought I was getting ripped off and I wanted more information before I went complaining to the dealer. As of right now, they are giving me $1500 in rebates along with there invoice price. Plus of course doc fees, sales tax, reg., sticker, etc.
Same thing happened to me but I knew it upfront when I ordered, they always charge extra for advertising and gas when you buy at Dealers Cost. NADA isn't perfect in pricing but close enough.
I wanted to buy used but it is impossible to find a 6.2 gas with 4.30 gears. I need these gears to tow a fifthwheel. Since I only tow approx. 1,500 miles a year, I could not justify a diesel. The truck is a pretty much loaded lariat and I got $4,000 off msrp plus another $1,500 in rebates. So a total of $5,500 off msrp.
I wanted to buy used but it is impossible to find a 6.2 gas with 4.30 gears. I need these gears to tow a fifthwheel. Since I only tow approx. 1,500 miles a year, I could not justify a diesel. The truck is a pretty much loaded lariat and I got $4,000 off msrp plus another $1,500 in rebates. So a total of $5,500 off msrp.
That sounds just about right for a '16.
Have you gotten it yet or anyday now?
I haven't seen a late model used truck go for reasonable money for awhile. People tend to shop MSRP to KBB but forget that there are rebates and much more discounts available upfront on new vehicles. By the time you factor in warranty cost, wear, and miles, not to mention any problems that might be lurking, a late model truck (or car) is a generally horrible choice right now.
One thought here on my end having just bought a new 2016 F350, is the "Dealer Processing Fees". This kills me. It is pure profit to them, or one last chance at negotiating leverage for them over the buyer of about $500. All of my local dealers, are at $599 or $699 for processing fees. Pisses me off, because you know that is more money left on the table unless you get them to wave that.
If you read the fine print on what these cover, half of the fees or efforts covered by these fees don't even apply to the deal you are negotiating (e.g. loan application paperwork) This doesn't apply at all when you walk in with cash, or a check, or another loan product. Dirty pool if you ask me.
I keep seeing dealer cost and dealer invoice being used an equals. They are not equal. I have bought my last three new vehicles at dealer invoice with no add ons and I get any rebates. All from the same dealer. Don't confuse dealer cost and dealer invoice. Invoice includes some profit.