Consider Upfront and Low Deposit Prices as Red Flags
Low car shipping from Bismarck North Dakota to Louisiana prices are a red flag for sure, and we’ll talk more about why in a minute. But low deposit prices are also a red flag. Oftentimes you don’t see the deposit price until you actually talk to a representative. Many times you’ll get a quote and it’ll just be the total car moving from Bismarck North Dakota to Louisiana price. But the thing is that your price is actually made up of two different prices: the broker fee, and the carrier fee.
The broker fee is what is referred to here as the deposit. It is, essentially, a payment to the brokerage for their services in helping you for car shipping from Bismarck North Dakota to Louisiana. The carrier fee is the rest of the balance due to the carrier. There are different ways you can pay your shipper, and different times you can pay as well. But these are the two components of any car moving from Bismarck North Dakota to Louisiana quote. The red flag is when the deposit price is low, but the carrier pay is average. Low deposit rates don’t keep auto shippers afloat no matter how much they may think it does. Low deposit prices often mean a company is struggling to book orders. These kinds of companies tend to be desperate for cash and will do anything to book orders.
But the problem is that their issues don’t come from their deposit price, but rather how they operate their car shipping from Bismarck North Dakota to Louisiana business. Maybe their cancellations are high because their carrier prices are too low. Maybe they lost the ability to charge credit cards, or they have other financial issues. There are a lot of reasons why brokers charge low deposit prices, but they’re always a red flag. Normal broker fees range from $150-250, with most falling around $200. That’s the sign of a legitimate brokerage, and it goes to show that sometimes, a low car moving from Bismarck North Dakota to Louisiana price is just too good to be true.For more details, visit www.autoshippinggroup.com or call our team at (888) 588-1269.