However, that practice was scrutinized when it was found that dealers were illegally discriminating against certain demographics by
charging higher markups based on factors outside of credit or finances.
Not exact matches
Research shows
high dealer
markups often disproportionately affect nonwhite people — in other words, car dealers
charge black and Latino buyers
higher interest
markups than they do white buyers.
If a Bell Mobility customer were to use five gigabytes of video (roughly two
high - definition movies, or seven standard - definition movies) through a competing service like Netflix, it would cost them $ 40 to do so — an 800 per cent
markup compared to what it
charges for its own service, Klass wrote on his blog.
They also say you need to study carefully the details of each company's contracts; some
charge very
high markups for printing hardcover and paperback books, offer a lower share of the sales or make it difficult and expensive to leave a self - publishing company if you become dissatisfied.
The
highest markup is for nitrogen in your tires; it costs the dealer, at most, $ 5 per tire, but is often presented as an environmental
charge.
The consequence of using the application - based trading platforms (rather than the web - based ones) is that the application based trading platforms are associated with monthly platform fees starting at $ 150 USD (for Edge Trader Pro) and going as
high as $ 1344 USD per month (for IRESS and factoring in the 20 %
markup charged by Virtual Brokers for this platform).
Investors might also pay
markups, due when a brokerage sells securities from its inventory at a price
higher than the market rate; sales loads, sometimes assessed when you make or sell an investment; surrender
charges, imposed when someone pulls out of an investment early; investment advisory fees, which are what Mr. Five Percent wanted to
charge me; and 401 (k) fees, additional expenses for operating and administering retirement plans that employees pay on top of fund management fees.
But I agree about Cap One Venture Card - it's great (although the rewards requirements are
higher: 35,000 vs. 25,000 for domestic travel)-- but the real bonus is that they don't
charge the 3 %
markup on international purchases that Chase does.