Understanding Mandatory Fees and Dealer Fees

Buying a new car can be stressful, especially if you haven’t done it in over five years. There’s the issue of choosing a colour, make, extra features (if you want them), and of course the messy business of negotiating a price. If you don’t do the research before heading to the dealership, you could fall into a trap many buyers before you have succumbed to and leave the dealership with much more than you bargained for, and not in a good way.

Before you even start talking to a salesperson, arm yourself with enough knowledge about the car to reduce the likelihood of you getting taken for a ride (no pun intended). The first thing you need to do is the research on the car cost. Canada dealers get their units at wholesale prices. You can find out more about this via invoice price reports. Companies like Car Cost Canada offer invoice price reports at $39.95 while Unhaggle.com lets you access it for free. Once you get the factory price of the car, factor in what the dealer needs to make in profit and you can start benchmarking your price for negotiation.

Next, it is also important to understand which fees are mandatory and which fees are optional dealer fees that can be negotiated out of your purchase. The more information you have, the better your chances are of getting a reasonable price, and one that you can be happy with.

Here’s a quick rundown of the mandatory fees you’ll need to pay when purchasing a car according to the Ontario Motor Vehicle Industry:

1. HST or Harmonized Sales Tax – 13% on car price
2. Air tax – Air conditioner excise tax of $100 for cars with air-conditioning
3. OTS tax or Ontario Tire Stewardship fee – For passenger vehicles and light trucks the fee is $5.84 per tire
4. OMVIC fee – A transaction fee to support OMVIC’s (Ontario Motor Vehicle Industry Council) dispute resolution activities
5. PPSA fee – If you finance/lease a car, the bank/leasing company will charge a fee for setting up the loan and registering the lien $50 to $75.
6. Licensing – Most dealerships will take care of this for you and will charge an admin fee of $50 to $75.

If it’s not listed above, consider it a dealer fee. An important thing to remember is that mandatory fees should not be added to the car’s price after you’ve negotiated it, it must already be included. The same goes for advertisements that include the price of a car – whatever is advertised should be the all-in price.

Don’t be pressured into buying additional products or features you don’t believe have value. If you’re being made to believe that a certain add-on is compulsory because it’s already been installed, you have the right to report them to the OMVIC for deliberately misleading you.

Dealer fees and add-ons like security packages which include a police traceable code in case of theft could already be part of your insurance coverage so make sure you do the due diligence and read your contracts before signing them.

A great way to avoid paying for more than the car is worth is to do extensive research online and see what other people are paying for the same car. Find out also if there are any on-going Canadian dealer incentives that you could take advantage of.

Posted in Autos, Cars | Comments Off

Dr. Oz talks extreme weight loss ‘thigh gap’ diets and magnesium energy boosters

For several years, girls, teens and young women have been obsessed with achieving the newest slim sensation: Thigh Gaps. But their extreme weight loss plans can pose dangers, according to Dr. Mehmet Oz. On his Feb. 25 talk show, Dr. Oz explored thigh gap diets. Plus: Find out how to boost your energy with magnesium.

As an example of how these diets can become obsessive, Dr. Oz talked with Camille Hugh, author of “The Thigh Gap Hack: The Shortcut to Slimmer, Feminine Thighs Every Woman Secretly Desires” (click for details). Camille feels that her book does a service in offering tricks such as overcoming hunger, exercises and focusing primarily on very low calorie foods. She defended her desire to achieve the thigh gap look.

However, Dr. Oz is concerned that books and views such as Camille’s can lead to eating disorders. He asked eating disorder specialist Dr. Jennifer Thomas to offer her insights.

Author of “Almost Anorexic: Is My (or My Loved One’s) Relationship with Food a Problem? (The Almost Effect),” Dr. Thomas notes that Camille’s emphasis on extreme weight loss and low body fat parallels the development of anorexia. By obsessing on those goals, young girls are at risk of developing eating disorders.

In addition to the emotional aspects of anorexia, girls focused on developing thigh gaps put their health at risk, warned Dr. Oz. They may lose muscle, which impacts the metabolism and even can affect the heart.

Note: This week is National Eating Disorders Week, designed to spread awareness: Learn more by clicking here. And find out about resources on eating disorders, from memoirs to DVDs to self-help guides, by clicking here.

Also on the show, Dr. Oz discussed magnesium for energy and health. Symptoms of insufficient magnesium include constipation, anxiety, fatigue and muscle spasms. Studies show that up to 75 percent of American adults lack enough magnesium.

To boost your magnesium levels, eat these foods:

  • kidney beans
  • black beans
  • brown rice
  • quinoa
  • bran cereal
Posted in Health and Fitness | Comments Off

After turning her body into a brand, Kim Kardashian attacks butt implant rumors

Kim Kardashian needs a rumor-vanishing version of “Ghostbusters.” The woman known primarily for her body (and her skills in spending money) had to go on the attack after rumors that she had turned to plastic surgery rather than the Atkins diet to shed her post-baby weight. Now she’s fed up with rumors that her famous derriere is actually the result of butt implants, reported On the Red Carpet Feb. 21.

“I’m seeing all these nonsense tabloids claiming I have butt implants-injections. Get a life! Using pics of me 15lbs skinnier (before I had my baby) comparing to me now,” scolded Kim.

“Anyone who has had a baby knows how hard it is to lose weight (especially the last bit of weight) & your body totally changes!” she added.

And to prove that her distinctive derriere has not changed, Kim posted a photo of herself on Feb. 21 with labeled “#FlashBACKFriday.”

Kim is so famed for her booty that she even stars in a series of fitness derriere DVDs, such as “Kim Kardashian: Fit In Your Jeans by Friday: Ultimate Butt Body Sculpt.”

Attacking tabloids who also reported that she had liposuction, Kim noted:

Making fun of me pregnant & making fun of me trying to lose weight now shame on you.

I’m not perfect but I will never conform to your skinny standards sorry! Not me. And BTW I’ve lost a lot so far & I’m proud of that! Don’t give young girls a complex!

Kim has repeatedly emphasized that she’s worked hard for her weight loss and inimitable derriere. Her high fat low carb diet follows the Atkins guidelines: It’s a ketogenic approach designed to boost fat-burning.

How much has she lost? In contrast to Jessica Simpson, who repeatedly has declined to state precisely how much weight she’s shed in her second voyage using Weight Watchers, Kim told Jay Leno that she was “50 pounds down.”

Since that appearance, she’s lost more weight and reportedly wants to lose more prior to her wedding.

Kim’s low carb diet includes “proteins like fish, poultry, and lean meats; healthy fats like avocado, nuts, and olive oil; lots of colorful vegetables filled with antioxidants and fiber; and low glycemic fruits like berries—essential foods for maintaining energy,” said Atkins diet expert Colette Heimowitz in an E News interview.

Posted in Health and Fitness | Comments Off