Processing Fee

Question 1

If a dealer charges a processing fee:

Answer 1

 Must be shown on a separate line of the buyer’s order

Question 2

The processing fee must be current and registered with:

Answer 2

 Motor Vehicle Dealer Board.

Question 3

A Processing Fee can only be charged if the Dealer processes the customer’s title and registration. (T/F)

Answer 3

 False.

Question 4

A Processing fee is subject to the sales and use tax. (T/F)

Answer 4

 True

Question 5

A Processing fee:

Answer 5

 Is negotiable.