December 22, 2006, Newsletter Issue #70: Add-on Pitfalls to Avoid on a New Car Deal

Tip of the Week

Any new car sold in the United States is required to post vehicle information on a side window. The details are designed to disclose specific manufacturing and price data regarding the vehicle. The document is a window sticker referred to as a Monroney sticker. Although the law applies to automobiles, it is not applicable to light trucks, the vast majority of sport-utility vehicles (SUVs) and passenger vans. However, here four add-on stickers generated by auto dealers to boost their sales commission:



- Additional Dealer Profit (ADP)

- Currency Valuation Fee

- Import Tariff

- Market Value Adjustment (MVA)



When negotiating a new car deal, be sure to base the negotiated price of a new car on the deducted cost of the ADP and MVA because they are superfluous charges. As for the Currency Valuation Fee and Import Tariff, these are dealer created charges that depict unsavory sales tactics.



About LifeTips

Now one of the top on-line publishers in the world, LifeTips offers tips to millions of monthly visitors. Our mission mission is to make your life smarter, better, faster and wiser. Expert writers earn dough for what they know. And exclusive sponsors in each niche topic help us make-it-all happen.

Not finding the advice and tips you need on this Car Buying Tip Site? Request a Tip Now!


Guru Spotlight
Susan Sayour