Banks and Lenders, both Primary and Secondary, are allowed to charge whats known as a Bank Acquisition Fee to the end user. The Bank Acquisition Fee is what the lender charges the lessee on top of any interest and finance charges to lease a vehicle, and for them to extend the customer credit.
The Bank Acquisition Fee is normally non-refundable, non-negotiable, and often times can be marked up by the dealer from a set amount (below) to a maximum amount that is usually not disclosed publicly.
Below you will find a schedule of most popular makes' banks and what their bank acquisition fee is.
WHILE EVERY EFFORT TO MAINTAIN THE INFORMATION BELOW AND TO KEEP UP TO DATE ALL CHARGES AND REFERENCE GUIDELINES, PLEASE USE THE INFORMATION BELOW AS A REFERENCE TOOL. ALWAYS DOUBLE CHECK YOUR LEASE AGREEMENT TO CONFIRM AcquistiTion FEE CHARGES.
BOSTON AUTOMOTIVE CONSULTING ASSUMES NO RESPONSIBILITY FOR DAMAGES THAT MAY ARISE FROM CUSTOMER NEGLIGENCE AND FAILURE TO verify accuracy of the information below as being current.