Why the new-car destination charge is the worst fee to pay – By Brian Cooley (CNET) / Sept 5 2021
This is why you have to pay a destination charge, and why it’s a really crummy situation.
Unfortunately, the price you see when automakers advertise a new car isn’t the price you end up paying. We’re not even talking about taxes. We’re talking about the destination charge. Even after haggling or finding a discount to lower the car’s cost below the manufacturer’s suggested retail price, a destination charge typically adds at least $1,000 to the car’s price. But why?
Consumer Reports recently examined the rise of destination fees and found they’ve climbed from an average of $839 in 2011 to $1,244 in 2020, a massive 48% increase in less than a decade. Over the same period, the price of an average new car has risen “just” 27%. I join CR in calling for destination fees to be made part of MSRP and not a footnote to it.
CONTINUE > https://www.cnet.com/roadshow/news/destination-charge-new-car-fee/
