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Has Anybody Run Into The "FAIR MARKET ADJUSTMENT" When Buying A Car

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Honored Social Butterfly

Has Anybody Run Into The "FAIR MARKET ADJUSTMENT" When Buying A Car

With the chip shortage, few cars being shipped to dealers, and new cars, in general, in shorter supply, car dealers have found another way to "rip off" the customer.

 

It's called the "FAIR MARKET ADJUSTMENT".

 

It is a fee, above and beyond the MSRP, above and beyond the normal "documentation fee" ripoff, and above and beyond taxes, license, tag, and destination fees. It is an arbitrary figure dealers are adding to the prices of cars because of the short supply. It can range from $500, $1000, $1500 to $2000 on popular vehicles.

 

Has anyone else run into this newest rip off of the consumer?????

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