Are you kidding?
We have been saving up for a new trailer and went to purchase a Coachman 17 BH with the plan of financing 5K short term while we sold our current HTT.Guess I am ignorant. There is a "loan processing ...
Forum Discussion
You may pay prep fees for a new trailer, I do not. You may pay documentation fees, I do not. I find that they are unnecessary. I have no problem paying registration and titling fees. Most times these are fees required by the state or county. Sometimes they are fees passed down from the dealer's titling service. That's fine by me. I make them explain any fee to us in detail. If it seems necessary to me then I'll pay it. I'm the customer holding the money. Before money leaves my hand and goes to yours, it will be on my terms. If not, I can just go somewhere else. That's the beauty of living in this country. Find some other sucker, there's plenty of them.
When we purchased our last trailer, I had a chat with the dealer when I noticed that the purchase contract lacked the usual fees. The contract just had a price for the trailer and TTL. My wife was ready for the usual fight. They didn't charge any of their customers prep fees since they felt it's part of their job. They're selling you a product so they should make sure it's presentable and functioning. When I asked about the normal doc and administrative fees you see the reply was, "What, you want us to charge you to give you copies?" Then he laughed.
I also paid transport fee as this made sense. Some one had to bring the trailer down from the factory to the dealer. It's about 1200 miles from the factory to Houston. Their transport charge was inline with how much haulers would charge to move the trailer. Yes I actually did check. When it comes to the bank, neither the dealer's bank nor my credit union charged any type of loan origination fee.
Just because these fees are commonly seen doesn't mean you have to pay them. You may be comfortable paying additional fees and unquestioning them and that's perfectly fine. I on the other hand am not. There ain't nothing wrong with being an informed consumer. It's done nothing but save me money. Like I said before if a fee can be so easily be removed, as I have gotten done numerous times before, then that fee wasn't so necessary after all.
When we purchased our last trailer, I had a chat with the dealer when I noticed that the purchase contract lacked the usual fees. The contract just had a price for the trailer and TTL. My wife was ready for the usual fight. They didn't charge any of their customers prep fees since they felt it's part of their job. They're selling you a product so they should make sure it's presentable and functioning. When I asked about the normal doc and administrative fees you see the reply was, "What, you want us to charge you to give you copies?" Then he laughed.
I also paid transport fee as this made sense. Some one had to bring the trailer down from the factory to the dealer. It's about 1200 miles from the factory to Houston. Their transport charge was inline with how much haulers would charge to move the trailer. Yes I actually did check. When it comes to the bank, neither the dealer's bank nor my credit union charged any type of loan origination fee.
Just because these fees are commonly seen doesn't mean you have to pay them. You may be comfortable paying additional fees and unquestioning them and that's perfectly fine. I on the other hand am not. There ain't nothing wrong with being an informed consumer. It's done nothing but save me money. Like I said before if a fee can be so easily be removed, as I have gotten done numerous times before, then that fee wasn't so necessary after all.
