Did you know that when you buy a new car, the dealer will arrange for your state Department of Motor Vehicle (DMV) fees? This includes securing your title (your proof of ownership) and registration documents, including requesting your license plate and getting you temporary tags. The fee you pay the dealer for the title and registration goes straight to your state and does not get collected by the dealer, so it saves you a trip to the always-pleasant DMV.
To prepare yourself and your finances to pay this fee, consult your local DMV as these fees vary from state to state and are collected in inconsistent ways.
How to Use TrueCar.com to Get a Great Deal on Your New Car
Being knowledgeable about the car(s) you’re interested in purchasing puts you in a much better position to negotiate the final price of a new car when you’re at the dealership. TrueCar.com is your best tool for determining what is a fair market price for your car, because TrueCar show you what other people actually paid for a new car in your local area in the last 30 days. And, if you don’t want to haggle on the price, but want the piece of mind of knowing you got a fair deal, TrueCar will show you upfront price quotes from TrueCar Certified Dealers in your area, allowing you to lock in competitive price quote on a new car, while you’re online.
Please note that at this time TrueCar Price Reports published on TrueCar.com do not include title and registration fees, but stay tuned – we’re working on a consumer friendly feature that provides car buyers with an “out the door price,” which includes all taxes and fees.
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The post DMV Fees on New Cars – What You Should Expect to Pay appeared first on TrueCar Blog.
