B.C. car buyers get post-sticker sticker shock with new 'market adjustment' fees

With demand for new cars outstripping supply across North America, many buyers are finding, to their surprise and dismay, the price they were quoted might not be the final price they’re asked to pay.Just ask Lisa Smedman, who’s been frustrated in her search for a no-frills economy car she can afford.

Smedman was told it’s a “market adjustment” fee, and it’s one even people reselling concert tickets might blush at trying. A single mom, she is shopping for a replacement for her current car, which has almost conked its final out. “However, we acknowledge that current market conditions and supply-chain issues mean, in some cases, supply is far below demand and is impacting current retail prices on automobiles, just as it is on other retail products,” Blair Qualey said.

There’s not a lot consumers can do, other than shop around or wait for a more favourable supply-demand balance.

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B.C. car buyers get post-sticker sticker shock with new 'market adjustment' feesWith demand for new cars outstripping supply, many buyers are finding the price they were quoted is not the final price they\u0027re asked to pay Soon the public will revolt. How about import some cars made in China, as Europe already did so. Canada is not necessary to follow USA's Empire First political fanaticism. Stop buying vehicles from dealerships
Source: VancouverSun - 🏆 49. / 61 Read more »