tag:blogger.com,1999:blog-29777096.post6557169150403447151..comments2024-03-26T14:17:31.841-04:00Comments on Earl Stewart On Cars: The Lease Acquisition Fee…the Bank’s “Gotcha”Earl Stewarthttp://www.blogger.com/profile/11435950589034528205noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-29777096.post-53502205165894955052012-03-19T07:14:51.025-04:002012-03-19T07:14:51.025-04:00You're right that banks do allow and encourage...You're right that banks do allow and encourage dealers to mark up the "Lease Acquisition Fee" also known as "Administrative Fee". This depends on the bank and its lease contract. Whether this is "sneaky" or not depends on the dealer. <br /><br />Another "fee" that is marked up by dealers and definitely should be considered "sneaky" is the "electronic filing fee". This is an outside service commonly used by dealers that prepares all of the license tag and registration work. The cost to dealers is $12 in Florida and most dealers mark it up. I know one dealer who marks his up to $485! Legally, this should be disclosed as part of his "dealer fee", but it's not. In fact, no Florida dealers that I know of legally disclose this electronic filing fee markup.Earl Stewarthttp://www.earlstewarttoyota.comnoreply@blogger.comtag:blogger.com,1999:blog-29777096.post-35542506599233949702012-03-19T00:16:41.481-04:002012-03-19T00:16:41.481-04:00Not only do you have to pay the lease acquisition ...Not only do you have to pay the lease acquisition fee, dealerships often sneakily mark them up to snag even more profit. Most people don't even question, and they laugh out loud behind our backs.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-29777096.post-85505616312873177122010-09-18T09:46:44.625-04:002010-09-18T09:46:44.625-04:00My wife just leased a car from Roto in arlington h...My wife just leased a car from Roto in arlington heights Illinois they charged her a 895.00 lease aquisition fee.Is there any way I can get any of this fee back?? What state agency would I register a complaint with that would care??Thanks for your insights wish she would have investigated this first.<br /> RichAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-29777096.post-9934898244951558372009-11-02T20:44:54.360-05:002009-11-02T20:44:54.360-05:00Hello from Russia!
Can I quote a post "No tem...Hello from Russia!<br />Can I quote a post "No teme" in your blog with the link to you?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-29777096.post-15706307523630063052009-08-14T16:18:35.991-04:002009-08-14T16:18:35.991-04:00Dear Car Leasing,
Thanks very much for you kind w...Dear Car Leasing,<br /><br />Thanks very much for you kind words.Earl Stewarthttp://www.earlstewarttoyota.comnoreply@blogger.comtag:blogger.com,1999:blog-29777096.post-86367134677094756082007-03-13T13:10:00.000-04:002007-03-13T13:10:00.000-04:00I just want to take a moment and thank you for all...I just want to take a moment and thank you for all your great insights and tips for buying a car. Following your suggestions, I spent a little more time and effort on research, and ended up getting a much better deal on a used Honda, with no morning-after regrets. <BR/><BR/>It would be nice if the majority of dealers had your level of fairness and class- the business of buying a car would be much more pleasant. In the meantime, thank you for taking some time to put the focus on the customers' well-being. <BR/>-Jeremy Tollberg<BR/>P.S. If you're looking for more fodder to write about, I'd love to hear your thoughts and suggestions on the Service Dept. part of a dealership.J Tollberghttps://www.blogger.com/profile/05068669474624824057noreply@blogger.com