Saturday, June 12, 2010

Texas Raises the $50 Doc Fee

Up until March 17, 2010, the Documentation Fee--the fee the dealerships charged you for your car registration--was capped at $50.

Now, the dealership is required to give written notice to the Office of Consumer Credit Commissioner ("OCCC") and then allowed to charge the consumer from $50 to $125.  OCCC Documentary Fee and The Reasonableness Standards Rule

Under the new rule, the dealership may charge the consumer more than $125 if they provide additional justification that meets the new requirements.

Even though the Department of Motor Vehicles in the State of Texas can still provide the number for the tags and the .pdf file for direct printing from their website, no other entity is allowed access to the information in a way that would make processing the tags profitable.

If another entity were allowed this information and provided this service to the auto dealerships, the service may cost the dealerships an additional $1.50.  This increase is 30% of the $5.00.  But, the dealerships have been allowed at least a 150% increase in the documentation fee which more than covers the $1.50 expense that Tags On Demand would charge.

Tags On Demand is an independent, experienced software development company in the State of Texas and should be allowed convenient access to the tag identification numbers in order to provide these tags.