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Some Car Companies Are Making a Lot More on Destination Fees Than Others: Study

The Drive

When purchasing a vehicle, your bill of sale may include a number of charges on top of the MSRP. The big one is the destination freight fee; the price varies wildly from manufacturer to manufacturer and model to model.

The destination freight fee for a small EV is $895 for 2020 models and an additional $100 for 2021 models. For a truck, the price increased from $1595 to $1695 for the newest model.

A study by Consumer Reports discovered that automakers raised destination fees by thirty percent between 2011 and 2020, which is two and a half times the average inflation rate. CR is advocating for new rules requiring automakers to include destination charges in advertised prices in print and online.

Read the article at The Drive.

Feb 21, 2021connieshedron
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