viper88
Well-Known Member
DOC fees are regulated by State. Some States like IL has a max cap of $300 for a DOC fee. Other states like FL have higher limits or even no limits. I have seen deals where people get a quote of 7%-under invoice but a $900 DOC fee. The higher DOC fee obviously eats back a percentage of your discount. There are other "cost" or "requirements" for all of the 7%-8% under invoice deals I have seen. Look out for required financing, back-end products, etc. Then there is the added element of a trade. A dealer can offer to give you 10% under only to make it up by paying you that much less for a trade if there is one.What is considered a “VERY high DOC fee”?
I would not over think it. With the exception of older inventory with added incentives, 6%-6.5% with a $200-$300 DOC is about the best you will really see. A True 6% under invoice with a low DOC from a dealer you don't have to spend time traveling to and from is a solid deal.
If I were you. I would email every dealer's internet manager or sales manager within 50-100 mile radius. I would COPY every dealer so they know they are competing for your business. Ask for their best price.
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