Auto Fraud: Market Adjustment Fee
Market adjustment fee is an auto fraud that usually takes place with vehicles that go out of stock quickly. These are extra fees which car dealers add onto the price of certain types of popular vehicles.
Since these vehicles are such a hot item, car dealers try to add this extra fee onto the vehicle purchase price. However, the truth is, no matter how popular a vehicle is, there is no reason for the consumer to have to pay above the MSRP.
Consumers can easily avoid this car dealer scam if they never agree to pay more than the MSRP. By paying more than the MSRP, the vehicle purchaser is in reality saying that this type of dealer scam is okay and this should not be the case.