Go Back   DealershipForum.com > Regional Forums > East Region > Automotive Discussions

Notices

Reply
 
Thread Tools Display Modes
Old 11-18-2013, 11:32 AM   #1
XDCX
Administrator
 
Join Date: Nov 2007
Posts: 14,869
Default New York Toyota Dealer settles with State Attorney General for $136K

New York Attorney General Eric Schneiderman announced that his office reached a settlement with New Rochelle Toyota to issue refunds amounting to $86,826 and pay a $50,000 penalty to the state to cover the investigation costs. For a link to the full report - click here

The settlement pertains to a $499 "Administrative Fee" the dealership had been charging their customers and the fact the dealership had the fee amount pre-printed on their buyer's order. The Attorney General indicated the dealership's actions made it appear that the fee was non-negotiable and the customers who paid the fee didn't derive any benefit from having paid the fee.

While the state of New York does allow dealers to charge a Document Fee, the amount of that fee is capped at $75.

While I'm not an attorney, I think whoever came up with the plan to charge an $499 Administration Fee should have seen this problem coming.
XDCX is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Does your State Dealer Association (or NADA) publish a Monthly Dealer Sales Ranking? XDCX Automotive Discussions 5 01-19-2012 10:49 AM
Dealer settles with New York Attorney General for $20K XDCX Automotive Discussions 0 02-09-2009 04:09 PM
New York Dealer sues GM over dispute about Termination Agreement XDCX Sales 0 01-11-2008 01:42 PM
Dealers pay $290K to settle with MA Attorney General XDCX Automotive Discussions 0 01-03-2008 10:48 PM


All times are GMT -7. The time now is 01:20 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright DealershipForum.com - 2008 - 2016