Posts Tagged: acquisition fee

What is a car lease acquisition fee?

Why car leases have an acquisition fee In simple terms: they charge a car lease acquisition fee because there’s some cost to getting you set up with a lease. But that cost is nowhere what they charge for the acquisition fee. Think of an acquisition fee just like a home loan origination fee or “points,” or a cell phone company’s set-up fee. It supposedly covers the leasing company’s cost to set up an internal account for you, run a credit check and initiate the leasing paper work to comply with … Read More