BMWFS "Acquisition Fee"

Reply Subscribe

Thread Tools

Search this Thread

Mar 2, 2006 | 02:43 PM

kompressorsf

Thread Starter

Members

Joined: Feb 2006

Posts: 29

Likes: 0

BWM San Francisco is offering me a 36 month lease w/ a 1.8 (4.33%) money factor. They have also added an $825.00 "Acquisition Fee". Is this what BMWFS charges, so there is no negotiation? What have others been charged?

Apr 5, 2006 | 09:17 AM

BIMMERFAN

Members

Joined: Nov 2005

Posts: 7

Likes: 0

same in NJ I just picked up a 525i and had to pay $825.00. When I had a Mercedes-Benz I had to come up with $1,000.

Apr 6, 2006 | 05:19 AM

kmslo530i

Contributors

Joined: Aug 2004

Posts: 1,032

Likes: 0

From: San Luis Obispo, California

My Ride: 2007 Titanium Gray 550i, with sport, nav, HUD, Logic7, sat radio, cold weather, rear side airbags, rear seat heaters, and it goes like a bat outta hell!

Quote:

Originally Posted by kompressorsf' post='248852' date='Mar 2 2006, 04:43 PM

Was this lease through BMWFS? I haven't seen a MF that low. What were the terms of the lease....length of term and mileage?

I just locked in a lease rate for a car I have ordered (no obligation) so I know that if I want to lease I can do no worse than the current terms. I guess I better be prepared for the "aquisition fee" as well!!

Apr 28, 2007 | 04:18 PM

pharding

Senior Members

Joined: Aug 2004

Posts: 1,060

Likes: 0

From: Chicago, USA

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

The lease acquisition fee charged by BMW FS is actually $625. The extra $200 is concealed dealer profit. It can typically be negotiated out of the deal. The dealers treat leasing as a major profit center because the math is very obstruse. The best way to check their math is with software such as Lease Wizard. If the numbers don't match what you have in the software just do not sign the deal until both sets of numbers match.