So if you'd accepted that, less the £50 'transaction fee', and paid the £29 fee to get the money quickly, you'd have given them the car plus £4....
Let's hope the big four supermarkets don't follow suit and start introducing transaction fees.
Ironically, some car supermarkets have started to follow this trend, such as Motorpoint and Stebbing, who inform you that there is an administration fee on top of the sticker price.
This is misleading as they could list the full price you pay or receive, giving you a proper figure for comparison purposes.
Another con is where a dealer charges you for the HPI check. Legally, the dealer has to ensure that the vehicle they are selling is theirs to sell, with no finance attached. If they sell you a car which is repossessed later by a finance company, they are committing fraud.
It's like the Identity Theft Protection insurance that many banks and insurance companies sell. If your identity is stolen and someone borrows money against your name, you are NOT the victim. It is down to the lender to ascertain the true identity of a borrower, and if they fail in their duty of care, they become the victim, not you. They cannot even change your credit score as it is not your debt and doing so is wrong.
Sometimes we cannot help but pay a fee. When we need to finance a house purchase, the best offer may include a fee. We could walk away, but a house purchase is the biggest purchase most of us will make, so we have no real choice. Buying a car, on the other hand, is optional, in that we can choose from many dealers and many makes and models of car. We have an excellent choice, and dealers need to be made aware that they don't hold the ace cards.
Selling is slightly different, in that we are asking them to buy our car, but if we are using our car as a deposit for a more expensive purchase, we should haggle a bit to get a better price. Either they offer more for our part exchange or reduce the screen price of the car we want. If they cannot do a deal, walk away. After all, no car is unique and if you miss a deal today, another will come along tomorrow.