Dealership's 'Closing Fees' Ruled Illegal In South Carolina, Court Hands Down $2.8 Million Judgment
November 11, 2015 at 11:10 AM EST
South Carolina's Supreme Court has handed down a hefty win for auto shoppers. In a 3-2 ruling, justices found that Hendrick Honda of Easley shouldn't have been charging customers a $299 "closing fee" between 2002 and 2006. The decision will cost Hendrick some $2.8 million in actual (not punitive) damages. Payouts will be made to plaintiff Julie...
South Carolina's Supreme Court has handed down a hefty win for auto shoppers. In a 3-2 ruling, justices found that Hendrick Honda of Easley shouldn't have been charging customers a $299 "closing fee" between 2002 and 2006. The decision will cost Hendrick some $2.8 million in actual (not punitive) damages. Payouts will be made to plaintiff Julie...