Market Adjustment Fee

Market Adjustment Fee Scam: How It Works

You are buying a new car and the dealer shows you an orange sticker next to the MSRP (Manufacturer Suggested Retail Price) sticker. He says that due to this car's popularity there is an extra charge, known as the Market Adjustment Fee.

The orange sticker makes it look official so you accept it. Dealers usually pull this scam when people trade in their old cars to get new ones since they are often focused on the trade-in amount, instead of the whole deal. The car market adjustment fee could lower your trade-in value by up to $1,000.

Watch the video below to see more scams pulled by dealers and things to check for when buying a car:

 

Buying A Car From A Dealership Scams Video

 

Market Adjustment Fee Scam: How It Works

Since the car is already in stock and you don't have to put your name on a waiting list, it doesn't make sense to pay the Market Adjustment Fee, regardless of how popular the car is. Just tell the salesperson, or look for another dealership.

 

Market Adjustment Fee Scam: How To Report

Make your family and friends aware of this scam by sharing it on social media. You can also officially report the questionable auto dealerships to the Federal Trade Commission using the link below:

Report To The FTC Here

 

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Leasing: First Payment Scam

Auto Financing Scam


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selma hrynchuk
Selma HrynchukSelma is a fraud prevention specialist renowned for her expertise in private eye investigations and a remarkable partnership with law enforcement agencies. Beyond her investigative triumphs, her public speaking engagements and written works have empowered countless individuals to protect themselves and stay ahead of deceptive schemes. Selma's legacy shines as a tenacious agent of change, unyielding in her commitment to battling fraud and ensuring a safer world for all.

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