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Drive Off Fees?

Discussion in 'Dealers & Pricing' started by socalclimber, Feb 25, 2006.

  1. socalclimber

    socalclimber New Member

    Joined:
    Feb 20, 2006
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    Hi all,

    Quick question. The SoCal dealer is quoting me that the drive off fees for leasing an 06 Prius are 1st month's payment, $400 Acquisition Fee, and tags.

    Is the $400 Acquisition Fee standard across all dealerships? In other words, is this dealership marking this fee up? Or even worse, is this fee legit?


    Advise, please.


    Thanks.
     
    #1 socalclimber, Feb 25, 2006
  2. fshagan

    fshagan Senior Member

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    Location:
    Noneofyourbusiness, CA
    Vehicle:
    Other Non-Hybrid
    Model:
    N/A
    Its a "paperwork processing fee" so it might vary from leasing agency to leasing agency. [Edited to add that it appears the fee is imposed by the leasing agency and not the dealership]

    Did you check to see if you still qualify for a tax credit if you lease the vehicle rather than buy?
     
    #2 fshagan, Feb 25, 2006
  3. socalclimber

    socalclimber New Member

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    Well, I am leasing from Toyota Financial Services so the fee is imposed by them. I am pretty sure its a valid fee, I just wanted to make sure that the fee isn't being "padded" by the dealer.

    And unfortunately, I will not qualify for the tax credit. But, I think I qualify for the HOV sticker.
     
    #3 socalclimber, Feb 25, 2006
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