Are there any car salesmen here? Need some some advice on car buying

[Monkeyspank111]

Well I went to a car dealership today with my father. Who will be a co-signer for the car loan for me. He knows I am on top of my finances. He will never do this for me if I was a slacker. Anyways I have attached the image of the finance paper the car salesman gave us. The total price came out to be $11,994.84 out the door. Their sales tax and doc fees are astronomical. I talked to the DMV of the state of Utah. They told me I can get the car registered cheaper if it was done by me instead of the car dealership. I hope that's true. They also said if I have the car registered by me I can avoid paying the dealer doc. fee. Which right now is $289.85

I mentioned this to the car salesman. He seemed agitated when I told him this by the way. He said "Every car dealership in Utah charges everyone the doc. fee. There's no going around that." Also he said "We can't give you the 7 year or 100,000 mile warranty on that car." (From which I remember him telling me and my father earlier that day that's it not from the dealership but from Toyota.) So it has 20,000 miles left to go for the warranty. He told us it will just be "As is".

Now the sheet I provided is the sheet he gave us. I told him to break down the "other fees" and he wrote down the paper. I will list them below in case its not readable.

-Temp license plate tag

-Licensing

-Property tax

-Licensing corridor (tax for highways around Utah)

-Tire Tax (A fee that the state charges every dealership) The state automatically assumes that every car dealership will have 5 brand new tired on the car. This is what he told us.

Total = $205.00

He did not run our credit score but we gave him an estimate of our scores. He wrote down the interest rates and with $2,000 circled what we would be paying monthly the car loan. I just have a feeling that this is a fishy deal and hopefully someone can set it straight. I don't have any friends that are car salesman although I wish I did right now. Can also someone tell me if I am being ripped off or not? I just want to learn if all of these fees are necessary?? I hope someone can help out. Thank you.

JC0481

Edited December 5, 2008 by jc0481

[Asdfgav]

Why don't you try and get a bank loan instead?

[Monkeyspank111]

Why don't you try and get a bank loan instead?

We are in the process of getting one but just wanted to make sure we are not getting ripped off and if indeed these fees are legit or something that we can negotiate with.

[DrunkenMaster]

He said "Every car dealership in Utah charges everyone the doc. fee. There's no going around that."

Rephrase it on him. "May I register the car in Utah without paying the dealership?"

[episode]

You're basically only asking about the Dealer Doc fee. All the rest are self explanatory.

According to that estimate, the doc fee isn't including registration for them. Did you ask what the document fee includes?

[Monkeyspank111]

You're basically only asking about the Dealer Doc fee. All the rest are self explanatory.

According to that estimate, the doc fee isn't including registration for them. Did you ask what the document fee includes?

No I did not what it includes. I should have asked that. Maybe somebody here knows what it includes. I sure hope so. I just wish I had some fees I know that I can negotiate to have lowered or taken off. That's all I really want but not sure if that is possible.

JC0481

[Cyplex]

I'm sorry to rain on your parade but you are going to pay 6 years for a 2006 Corolla CE with 80K already?! :shiftyninja:

[TheKindred]

You should personally plug the cars data into Kelly Blue Book Website. I think they might have the price a couple hundred dollars more than the actuall Blue Book value.

Also 80k is alot of miles when the national yearly mileage for a car is 15k. The car is only 2 -3 years old tops. So based on average mileage it already has twice the average. Did you get a Car Fax history report for it?

Unless Utah state law requires it, you do not have to register through the dealer and they can not take ammenities such as a warranty away just because you don't want to register it through them. Definitly find out what those doc fees are for. It seems to me this guy is trying to use scare tactics to pressure you into the purchase.

[revvo]

I'm sorry to rain on your parade but you are going to pay 6 years for a 2006 Corolla CE with 80K already?! :shiftyninja:

Yeah that's insanity. My 10 year old Civic has 92,500 miles. It's too expensive, better off buying from an individual. This 2008 model on ebay has a buynow price of $12,000, and that's just the first one on the list of many.

Be sure before deciding on buying your 2006 corolla...