I am guilty of doing leases in the past and not scrutinizing numbers. Convenience factor.
Now that I am better educated, I am pushing my leasing company that I have done 10-15 leases with for transparency and how they are arriving at the bottom number, and what I finding turns my stomach a bit. Do not get me wrong, I understand fees, and that everyone needs to make money. But this seems excessive.
So let’s see $4690 in “fees”:
Acquisition fees: $2595
Facilitation fee of $1,095 (not in screenshot)
“lender fees could be and additional $1,000 to $1,500”
When asking about the fees being so high, I was told “Dealers just typically hide them in the financing or hold back on the vehicle.”
In fact, in reviewing my current and previous leases I can not find these “fees” disclosed. I am sure they are there, just “hidden”.