Conveyance Fee


Conveyance and Documentation Fees
All dealerships have an Conveyance and Documentation fee.  At Durand Toyota our fee is $299 and is applied to all vehicles sold.  Unless otherwise stated that administration fee is not included in the listed price of any particular vehicle. 

For your peace of mind we have built this webpage to disclose to you all the reasons we are required to charge this fee.

Why an administration fee?

The Administration Fee, also known as a services fee, addresses costs incurred by our dealership that are separate from those paid to acquire the vehicle. The Administration Fee recognizes some of the costs related to compliance with federal and state laws which provide for safety, consumer protection, anti-theft measures, vehicle history checks, notifications, certifications, and official filings.

Much work and expense occur even before a document is ready to be used and there are many documents.  Before vehicles can be sold dealers must invest in personnel training to carry out legal mandates.  Not all transactions involve the same services, but all carry many legal requirements and documents to support those requirements.

Car and Truck dealerships must comply with state and federal laws, rules, and regulations specific to motor vehicles, which are implemented and enforced by these state and federal agencies:

 Vermont  Department of Safety

Division of Motor Vehicles

Inspection and Dealer Program Unit

New Motor Vehicle Arbitration Board

Vehicle Emissions Program

State Police

Vermont  Banking Department

Vermont  Department of Environmental Services

Vermont  Attorney General

Vermont  Insurance Department

Vermont  Department of Environmental Services

Vermont  Insurance Department

Vermont  Department of Labor

National Highway Traffic Safety Administration

Federal Trade Commission

Federal Reserve Board

U.S. Internal Revenue Service

U.S. Environmental Protection Agency

Federal Bureau of Investigation

U.S. Drug Enforcement Administration

U.S. Customs Service

U.S. Financial Crimes Enforcement Network

U.S. Department of Labor

Occupational Safety & Health Administration

U.S. Immigration and Naturalization Service

U.S. Office of Foreign Assets Control

Federal Highway Administration

Federal Motor Carriers Administration

U.S. Research and Special Products Administration

Administration Responsibilities

Check vehicle safety, history and titles

Provide full condition information on the window label

Discover and disclose accurate vehicle mileage

Check for recalls on used vehicles where required

Complete required forms and contracts that protect your interests

Process titles and plates

File and clear liens

Keep your information private and secure

Fulfill vehicle emissions laws

Pass along manufacturer information including lemon law notices

Process rebates on your purchase

Keep you informed of your rights and obligations

Keep you informed of your rights and obligations

Keep important records of your purchase

Purchase required forms and supplies

Maintain technology to process your paperwork faster

Train staff to carry out laws that protect you

Maintain professional licenses that ensure quality service

Maintain required Dealer Bond

Why so many forms?

Most forms are required to fulfill Vermont  and Federal laws; others are often necessary for accounting, financing, or manufacturer rebate reimbursement or notification.

Privacy

Dealers must collect non-public, personal information that may be required as a result of a credit or title application.  They do not ask for personal information unless it is required, because dealers take your privacy seriously.

Protecting  Consumers

Dealers share an interest in creating consumer laws that keep customers' satisfaction high and the industry healthy. For that reason, VT ADA  dealer member companies have joined the VT  Department of Safety - Division of Motor Vehicles, the VT  Banking Department of Justice- Consumer Protection Division, and other agencies in creating strict laws regarding sales.

Peace of mind

Vermont  dealers must be licensed by the state. In order to qualify for a license, they must meet requirements regarding financial stability, proper dealership facilities, record-keeping and more.  Licensing offers you the peace of mind that dealership staff  have the knowledge they need to do business the right way.

The lists of rules and regulations and administrative responsibilities contained on this page are not meant to be comprehensive or exhaustive but are, instead, used for explanatory and illustrative purposes only.  Actual expenses incurred and recovered through and Administration or services fee, as well as the size of the fee, may vary by dealer, location, and transaction.

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