Is an Acquisition Fee for a Lease Legitimate?

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04-28-2007, 12:33 PM

pharding

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My Ride: 11 550i Sophisto Gray/Oyster Black/Anthracite, Sprt Trns, DHP, IAS, SP, PP1, PP2, CWP, HUD, DAP, AVSP, SF RS, CA, ACC - Euro Del

I will pull the trigger on a new 550 Sport on Monday. I will be doing European Delivery for the fourth time. Before I can finalize the deal, I have two questions that need to be resolved.

Today I found out about an Acquisition Fee that is claimed to be part of a lease deal. Is this legitimate? Also the CA claims that the Training Fee is part of the deal. I told him that I do not believe that this is part of a European Delivery deal. He will check on Monday. I would appreciate any available input on these issues.

As usual, the dealer attempted to base the residual value on Euro Delivery MSRP, not US MSRP. This made a $5,400 difference over the 3 year life of the deal !!!!!!!!!!!! They were certainly wrong on this one.

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04-28-2007, 06:01 PM

vegastrashed

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My Ride: 2007 E63 AMG | Obsidian Black | Schwarzes Nappa | Black BirdEye Maple | Premium II Package | Electronic Trunk Closer | Parktronic Engine: RPi/Powerchips custom ECU tune, RPi Ram Air Kit (BMC filter, scoops), RennTech Sport exhaust, secondary cats, charcoal and resonator delete, custom AAA x-pipe Exterior: 50% side windows / 35% rear window Formula One Pinnacle Series | Flat AMG hood emblem Suspension: Renntech Lowering Module Wheels/Tires: Radenergie R10, Falken FK452 245/30/20, Yokohama ADVAN Sport 285/25/20 ----------------------------------------- 2005 545i Sport SMG | Ti Grau | Schwarzes Dakota | Anthracite Maple | Logic 7 | Nav Engine: Custom AFE CAI, Superchips ECU remap, Sprint Booster, RDSport Dual Exhaust Conversion with Quad Pipes and X-pipe, 3 resonators deleted, 90mm tips! Exterior: M-Tech Aero kit | M5 Mirrors | M5 Rear Bumper | Trunk Lid Finisher | Vorsteiner decklid spoiler | 50% Formula One Pinnacle Tint Suspension and Brakes: Bilstein PSS9 coilovers, JBT BBK: 16" cross-drilled rotors, 8 piston and 15" cross-drilled rotors, 4 piston Wheels: VIP Modular VR 02 20x9F, 20x10R | Toyo T1R 245/30/20F, 285/25/20R Lights: PIAA 4150K Xtreme White Plus fog lights, AIB v3 MOST IMPORTANT: Hardwired V1; =) ED Date: 4/7/05, Re-delivery date: 5/21/05

I believe you answered your own question regarding Acquisition Fee in the other thread you resurrected. As for training fee, I did not see one when I did my ED in '05.

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04-28-2007, 06:50 PM

JSpira

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To vega, training fee is new.

However, it is not applicable on Euro. Delivery sales. Neither is MACO.

To Pharding, it sounds as if your CA does not know very much about Euro. Delivery (my optimistic thought) or he is a schemer (my pessimistic thought based on the residual issue and the training fee).

For some reason I seem to recall you are in the midwest. There is a very reputable salesman named Irv in Chicago who does dozens of European Deliveries each month and is very highly regarded by his customers. Perhaps you should contact him. I could find out his details if need be.