September 4, 2025

Doc Fee Increase

Effective July 1, 2025 the maximum doc fee is the lesser of $350 or 10% of the value of the sale or lease. The 10% cap only applies if the value of the vehicles is $3,499 or less. Charging a doc fee is optional — dealers are not required to collect it — MADA does not receive any share of this fee.

Recent News & Updates

Announcing Our 2026 MADA Main Event Keynote Speaker: Michael Dunne

The Future of the Automotive Industry Starts Here. The Minnesota Automobile Dealers Association is proud to announce that Michael Dunne, one of the world's foremost experts on the future of the automotive industry, will headline the 2026 MADA Main Event on Friday,...

MnDOT Issuing RFP for NEVI Program

In late August, MnDOT will be issuing an RFP for National Electric Vehicle Infrastructure Formula Program (NEVI) funds. This program provides funds to states to build a fast-charging network for EV’s. There will be up to $41.8 million in funding for up to 74 locations...

Retail Installment Contract Forms Update Coming in September: Reflects July Late Fee Increase

Dealers should watch for September updates to the Bankers System Retail Installment Contract, which include a late fee increase that took effect July 1. The statutory minimum delinquency charge on Minnesota RICs has increased from $9.88 to $10.40. Minnesota Statute §...

Doc Fee Increase

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Recent News & Updates

Announcing Our 2026 MADA Main Event Keynote Speaker: Michael Dunne

MnDOT Issuing RFP for NEVI Program

Retail Installment Contract Forms Update Coming in September: Reflects July Late Fee Increase