Privacy Markup - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

Mikk2K · 09-16-2009, 12:33 PM

I'm going to be buying a Camaro from a dealership in Eau Claire, WI. When I was there at the dealership I noticed a sticker on the vehicles. It said, price adjustment 95 dollars, or something very similar I can’t remember the exact wording or even the price that was added. I do know it was more the 80 dollars though.

When I spoke to the dealer about this he said it had to do with the privacy of the customer and the paper work that is filled out. He said that since 9/11/01 that this has become a requirement. He said that the state allows dealers to charge up to 150 dollars, and it is up to the dealership’s digression to set the price. He also said since they charge it to one person they have to charge it to everyone.

My question is this true? I don’t recall ever seeing this at other dealerships. It has been some time since my last vehicle purchase so I could be mistaken. I was just curious if anyone else has heard of this or has been charged this when they buy a new vehicle?

IROCanSS · 09-16-2009, 12:35 PM

Quote:

Originally Posted by Mikk2K

I'm going to be buying a Camaro from a dealership in Eau Claire, WI. When I was there at the dealership I noticed a sticker on the vehicles. It said, price adjustment 95 dollars, or something very similar I can’t remember the exact wording or even the price that was added. I do know it was more the 80 dollars though.

When I spoke to the dealer about this he said it had to do with the privacy of the customer and the paper work that is filled out. He said that since 9/11/01 that this has become a requirement. He said that the state allows dealers to charge up to 150 dollars, and it is up to the dealership’s digression to set the price. He also said since they charge it to one person they have to charge it to everyone.

My question is this true? I don’t recall ever seeing this at other dealerships. It has been some time since my last vehicle purchase so I could be mistaken. I was just curious if anyone else has heard of this or has been charged this when they buy a new vehicle?

total

jrboyd_1980 · 09-16-2009, 12:36 PM

I work at a dealership, I have never heard of a Privacy Mark-up. I just checked with my CFO, (Chief financial officer) and he says their is no such thing.

Mikk2K · 09-16-2009, 12:41 PM

Quote:

Originally Posted by jrhaus76

total

That's what I thought too. I tried doing a search online and didn't turn up with anything. So next logical step was to ask the all smart people on Camaro5

jrboyd_1980 · 09-16-2009, 01:26 PM

Quote:

Originally Posted by Mikk2K

That's what I thought too. I tried doing a search online and didn't turn up with anything. So next logical step was to ask the all smart people on Camaro5

We have smart people hiding on here? Where they at?!! Joking

Red Rocket · 09-16-2009, 01:30 PM

Sounds fishy to me. Make them show you proof.

Red Rocket · 09-16-2009, 01:31 PM

Quote:

Originally Posted by jrboyd_1980

We have smart people hiding on here? Where they at?!! Joking

Compared to the rest of the world (aka dealers), We're geniuses. It's a wonder our brains don't explode with all of our intelligence, lol.

jrboyd_1980 · 09-16-2009, 01:36 PM

Hey I am a dealer :P

BulletSS · 09-16-2009, 02:16 PM

From my experience at the dealership, this is true for the 9/11 crap of doing a background check. They called it 'Red Flag', but they didn't charge anything for it. Sounds like your dealer found another way to charge for selling cars- just like the crappy documentation fee. They have people sitting at the desk waiting to paperwork- why charge again. Obviously because they can!

Scrappy Doo · 09-16-2009, 04:42 PM

It's kind of like the "document fee" that the dealers here charge. On top of ttl. It's like 50 to 250 depending on the dealer...... It's called the owner's extra pocket change fund....

Mikk2K · 09-16-2009, 05:50 PM

Quote:

Originally Posted by Scrappy Doo

It's kind of like the "document fee" that the dealers here charge. On top of ttl. It's like 50 to 250 depending on the dealer...... It's called the owner's extra pocket change fund....

I just got off the phone with someone else at the dealership and that's exactly it. A "document fee", now is there any why for me to avoid paying this "document fee"? I know it's "only $95", but it's $95 I could be spending on more important things such as food or gas.

jrboyd_1980 · 09-16-2009, 06:08 PM

The document fee is not required by law but dealerships are allowed to charge. But honestly if $95.00 is all that is keeping you from buying the Camaro, do you really want a Camaro that bad. I am betting you are financing the Camaro. If so you are looking at $1.75 a month maybe. Why not double check your state? I believe that Wisonsin does not allow tax credit's on rebates. Alot of states don't but their are a few that do. So if you get the 500 dollar rebate, and have to pay the 5.5% sales tax that Wisonsin charges, you are having to pay an additional $27.50. Why not fight for that to?

What I am trying to get out, is if you have a dealer that is selling at MSRP and honoring discounts, you should jump on it. Paying the extra $95.00 is alot better than paying the extra 5-10K mark-up you get at alot of other dealers. And the dealers with mark ups will still charge you the same fee.

Mikk2K · 09-16-2009, 06:12 PM

Quote:

Originally Posted by jrboyd_1980

The document fee is not required by law but dealerships are allowed to charge. But honestly if $95.00 is all that is keeping you from buying the Camaro, do you really want a Camaro that bad. I am betting you are financing the Camaro. If so you are looking at $1.75 a month maybe. Why not double check your state? I believe that Wisonsin does not allow tax credit's on rebates. Alot of states don't but their are a few that do. So if you get the 500 dollar rebate, and have to pay the 5.5% sales tax that Wisonsin charges, you are having to pay an additional $27.50. Why not fight for that to?

What I am trying to get out, is if you have a dealer that is selling at MSRP and honoring discounts, you should jump on it. Paying the extra $95.00 is alot better than paying the extra 5-10K mark-up you get at alot of other dealers. And the dealers with mark ups will still charge you the same fee.

Oh I agree $95 is better than a high mark up, and no it's not going to stop me from buying the car. The more money I can keep in my pocket and less money going into the dealer's hands the better. I'm not going to spend a penny more than I have to.

jrboyd_1980 · 09-16-2009, 06:25 PM

But you guys seem to think that Dealerships are making alot of money on this cars. Average comission for a sales person is 20-25% of front end gross. So figure the sales person makes about $200 -$225 a car. Yes the Camaro's are a hot items, but they are limited in production as everyone knows and the Sales person has to sell other vehicles, which, if you watched the news, the auto industry is suffering. Figure average car sales per sales person is 10 cars a month, that means average sales person here is taking home about $2000-$2250 a month. Now a salesperson works 6 days a week for 10 hrs or so a day. Thats roughly 255 hrs a month. Divide by the average income that means they are making 7.84 dollars to 8.82 dollars an hour. Fortunately I have been blessed and am not in that situation, but alot of sales people across the nation are. And don't get me wrong I love my job, and the customers do come first, but when people start complaining about a $50 dollar document fee, it is kinda stupid in my humble opinion.

09-16-2009, 12:33 PM	#1
Mikk2K Drives: '10 Camaro LTRS, '12 Pro4x Frontier Join Date: Jul 2009 Location: Hartford, WI Posts: 349 View My Garage	Privacy Markup I'm going to be buying a Camaro from a dealership in Eau Claire, WI. When I was there at the dealership I noticed a sticker on the vehicles. It said, price adjustment 95 dollars, or something very similar I can’t remember the exact wording or even the price that was added. I do know it was more the 80 dollars though. When I spoke to the dealer about this he said it had to do with the privacy of the customer and the paper work that is filled out. He said that since 9/11/01 that this has become a requirement. He said that the state allows dealers to charge up to 150 dollars, and it is up to the dealership’s digression to set the price. He also said since they charge it to one person they have to charge it to everyone. My question is this true? I don’t recall ever seeing this at other dealerships. It has been some time since my last vehicle purchase so I could be mistaken. I was just curious if anyone else has heard of this or has been charged this when they buy a new vehicle?

09-16-2009, 01:30 PM	#6
Red Rocket Camaro Princess Drives: 2010 VR 2LT RS Join Date: Jul 2009 Location: Tri-Cities, WA Posts: 231	Sounds fishy to me. Make them show you proof. __________________ No longer waiting.

09-16-2009, 02:16 PM	#9
BulletSS Drives: 2SS/RS CGM M6 Join Date: Jul 2009 Location: Illinois Posts: 114	From my experience at the dealership, this is true for the 9/11 crap of doing a background check. They called it 'Red Flag', but they didn't charge anything for it. Sounds like your dealer found another way to charge for selling cars- just like the crappy documentation fee. They have people sitting at the desk waiting to paperwork- why charge again. Obviously because they can! __________________ 2SS/RS CGM M6- Ordered 8/24; Delivered 9/29 Like a speeding bullet, from ordered to delivered in only 36 days! Past rides: 2000 Camaro SS 1997 Camaro 1992 Camaro RS 1980 Camaro

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09-16-2009, 12:36 PM	#3
jrboyd_1980 A ***'s Headache Drives: Everything Join Date: Aug 2009 Location: Texas Posts: 2,174	I work at a dealership, I have never heard of a Privacy Mark-up. I just checked with my CFO, (Chief financial officer) and he says their is no such thing.

09-16-2009, 01:36 PM	#8
jrboyd_1980 A ***'s Headache Drives: Everything Join Date: Aug 2009 Location: Texas Posts: 2,174	Hey I am a dealer :P

09-16-2009, 04:42 PM	#10
Scrappy Doo Drives: Callaway Rogue Join Date: Jul 2009 Location: W8n 4 Snow, Minnesota Posts: 4,738	It's kind of like the "document fee" that the dealers here charge. On top of ttl. It's like 50 to 250 depending on the dealer...... It's called the owner's extra pocket change fund....

09-16-2009, 06:08 PM	#12
jrboyd_1980 A ***'s Headache Drives: Everything Join Date: Aug 2009 Location: Texas Posts: 2,174	The document fee is not required by law but dealerships are allowed to charge. But honestly if $95.00 is all that is keeping you from buying the Camaro, do you really want a Camaro that bad. I am betting you are financing the Camaro. If so you are looking at $1.75 a month maybe. Why not double check your state? I believe that Wisonsin does not allow tax credit's on rebates. Alot of states don't but their are a few that do. So if you get the 500 dollar rebate, and have to pay the 5.5% sales tax that Wisonsin charges, you are having to pay an additional $27.50. Why not fight for that to? What I am trying to get out, is if you have a dealer that is selling at MSRP and honoring discounts, you should jump on it. Paying the extra $95.00 is alot better than paying the extra 5-10K mark-up you get at alot of other dealers. And the dealers with mark ups will still charge you the same fee.

09-16-2009, 06:25 PM	#14
jrboyd_1980 A ***'s Headache Drives: Everything Join Date: Aug 2009 Location: Texas Posts: 2,174	But you guys seem to think that Dealerships are making alot of money on this cars. Average comission for a sales person is 20-25% of front end gross. So figure the sales person makes about $200 -$225 a car. Yes the Camaro's are a hot items, but they are limited in production as everyone knows and the Sales person has to sell other vehicles, which, if you watched the news, the auto industry is suffering. Figure average car sales per sales person is 10 cars a month, that means average sales person here is taking home about $2000-$2250 a month. Now a salesperson works 6 days a week for 10 hrs or so a day. Thats roughly 255 hrs a month. Divide by the average income that means they are making 7.84 dollars to 8.82 dollars an hour. Fortunately I have been blessed and am not in that situation, but alot of sales people across the nation are. And don't get me wrong I love my job, and the customers do come first, but when people start complaining about a $50 dollar document fee, it is kinda stupid in my humble opinion.