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| 10-10-2008, 08:51 PM | #1 |
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Lease question
Does anyone know how much the dealer charges for "Bank Fees" in the state of California.
I am getting a quote of 930. Does that seems right to anyone? |
| 10-10-2008, 10:03 PM | #2 |
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My spreadsheet, which I set up for a California lease, uses $575. Personally, I think that is too high. I think it is a catch all. Especially considering you are probably getting a BMWFS lease which means the bank fees should be zilch.
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| 10-11-2008, 10:59 AM | #3 |
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I thought to myself : what is a bank fee? I mean i was in the industry before, and never heard of such. This one particular dealer wants to charge me 975 for bank fee. I am like what!!!!> I think I might tell him, if this is finance mgr fee, you can kiss my butt. I'll pay you 400 but not 975.
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| 10-11-2008, 03:03 PM | #4 |
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Is the "bank fee" the lease acquisition fee? BMWFS charges $725, and dealer may mark it up $200. Are you sure they're saying $930?
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| 10-11-2008, 05:41 PM | #5 | |
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Quote:
Selling Price: $60,565.00 Bank Fee $925.00 Total Capitalized Cost: $61,490.00 |
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