Beware!

Dealerships May Sneak in These 5 Hidden Fees When You Buy a New Car

Buying a new car is an exciting endeavor–there's nothing more fun than driving off the lot in a shiny new set of wheels where the smell of new car leather fills the air around you.

But before you get to that point, a lot of paperwork has to take place, and if you are too focused on the prize, there are fees that dealerships tack on to the final price that you need to be aware of. 

Next time you're car shopping, watch out for these tricks to ensure you get the best deal on your new ride. 

After you buy your new car, the dealer will wash it, remove the bumper protector plastic, dispose of the protective coverings for the seats and floors, and charge you for it. They call it “dealer preparation fees,” they can add a few hundred dollars to your total price. 

“Dealer Preparation Fee”

To avoid this fee, ask for clear explanations of what they cover under that charge, and if it's something you can do yourself, ask them to leave it off.

“VIN Etching Fee'

Some cars have the VIN etched into the glass of the windows. This is to prevent theft because if your windows and car parts are engraved with the vehicle's VIN, thieves find it harder to resell the stolen parts.

While this may be a valuable feature, dealerships often overcharge for this. If the windows are already etched, you can ask them to waive the fee, or if they still need to be engraved, you can opt-out or purchase a DIY kit and do it at home.

“Your Financing Fell Through”

Imagine driving off the lot in your new car, thinking everything is fine, and then receiving a call from the dealership days later informing you that your financing fell through.

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