Your Peace of Mind and Administration Fees
Most Dealerships have an administration fee that goes along with the purchase of a vehicle. At Grappone, in Concord New Hampshire, we have an administration fee of $549 with every vehicle sold. The administration fee is separate from our upfront price and is in place to cover the expenses of the documentation process and administrative aspects of the transaction.
Why an Administration Fee?
This fee is also known as a service fee and it addresses costs incurred by the dealership that are separate from those paid to acquire the vehicle. The administration fee recognizes some of the costs related to compliance with federal and state laws which provide for safety, consumer protection, anti-theft measures, vehicle history checks, notifications, certifications, and official filings. Much work and expense occur even before a document is ready to be used, and there are many documents. Before vehicles can be sold, dealers must invest in personnel training to carry out legal mandates. Not all transactions involve the same services, but all carry our many legal requirements and documents to support those requirements.
What Grappone Does For Our Guests
Car and Truck dealers must comply with state and federal laws, rules, and regulations specific to motor vehicles, which are implemented and enforced by these state and federal agencies:New Hampshire Department of SafetyDivision of Motor Vehicles Inspection and Dealer Program Unit New Motor Vehicle Arbitration Board Vehicle Emissions Program State Police New Hampshire Banking Department NH Dpt of Environmental Services New Hampshire Attorney General New Hampshire Insurance Department U.S Financial Crimes Enforcement Network New Hampshire Department of Labor National Highway Traffic Safety Admin Federal Trade Commission Federal Reserve Board U.S Internal Revenue Service U.S Environmental Protection Agency Federal Bureau of Investigation U.S Drug Enforcement Administration U.S Customs Service U.S Department of Labor Occupational Safety & Health Admin U.S Immigration and Customs Enforcement U.S Office of Foreign Assets Control Federal Highway Administration Federal Motor Carriers Administration U.S Research and Special Products Administration