California auto dealers seek to up processing fees to $500
New state legislation means lenders must monitor proper implementation
California auto dealers may soon be able to increase their below-market document processing fee for applications, thus raising vehicle costs for consumers. Under Senate Bill 791 passed by the California State Senate, dealers will be able to increase document processing fees to up to 1% of the total vehicle price or a maximum of $500. […]
Already subscribed? Log in
