Honda Financing Question

kevina1kevina1 Member Posts: 11
edited July 2016 in Honda
Hi.
Purchased a car through Honda financing from a Honda dealer. They slipped in a $500 administrative fee. Any opinions on what is a reasonable charge for this considering they are a Honda Dealer?

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  • kyfdxkyfdx Moderator Posts: 199,091
    kevina1 said:

    Hi.
    Purchased a car through Honda financing from a Honda dealer. They slipped in a $500 administrative fee. Any opinions on what is a reasonable charge for this considering they are a Honda Dealer?

    I doubt the administrative fee has anything to do with the financing. It's probably the same jacked up dealer fee they put on every deal. Which state?

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  • kevina1kevina1 Member Posts: 11
    New Hampshire, we purchased two cars and they both already had a $295 dealer prep administrative fee we paid. When we came in to sign the finance paperwork it itemized a $500 administrative fee for financing. I'm asking this question because It showed this on the on the original but strangley the copies we got were different and showed $500 more for the car cost and the itemized fee line was n/a.
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