Hey guys Im about to purchase a new Ninja 250R and wanted to know if there were any hidden fees/admin fees I need to be aware of? The dealer in Toronto gave me a quote for 5300 OTD tax included. Does this seem like a good deal? Also is anyone interested in doing a group buy for the Ninja?
Any hidden fees I should look out for when buying a new Ninja 250R from dealer?
- Thread starter jedininja
- Start date
If the dealer quoted the all-in pricing, there won't be any hidden fees. If any fees are added after that price, the dealer is contravening OMVIC regulations.
" All registered dealers are now required to include the total cost of a vehicle being advertised. Also known as "All-In-Pricing", this includes the price of the vehicle and all other charges (except taxes). Customers will no longer need to factor in administration costs when looking at vehicle ads. “Administration” fees, also known as “documentation fees,” can be catch-alls for a variety of the dealer’s paperwork costs, and can range up to several hundred dollars. Now these costs will be displayed upfront in advertisements."
http://www.omvic.on.ca/info/public_awareness/before_you_buy.htm
" All registered dealers are now required to include the total cost of a vehicle being advertised. Also known as "All-In-Pricing", this includes the price of the vehicle and all other charges (except taxes). Customers will no longer need to factor in administration costs when looking at vehicle ads. “Administration” fees, also known as “documentation fees,” can be catch-alls for a variety of the dealer’s paperwork costs, and can range up to several hundred dollars. Now these costs will be displayed upfront in advertisements."
http://www.omvic.on.ca/info/public_awareness/before_you_buy.htm
To be fair, in Ontario, there is a direct cost when you finance to register the lein against you. If you are OTD debit card, there should be no extra charges. Credit card, and they may ding you 2% of the transaction (since they are paying between 1.5% and 2%)
