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Deal fees on a lease
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11-25-2006, 11:21 PM | #1 |
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Deal fees on a lease
I am leasing a 335i in NJ and they are having the car delivered from a dealership in MA, what fees do I have to pay my dealer when I sign my deal? My dealer is asking for Training service fee $180, destination + handling fee $695 and around $500 for courtesy delivery. And another $250 for paperwork and $270 for 4 year NJ registration.
Is this right? Should I be paying the destination and handling since I am paying the $500 for delivery from the dealership in MA? Is there anything else I am missing? Also, what is a LRFS assignment fee? (I see it at the bottom of the BMWFS worksheet.) Thx! |
11-25-2006, 11:28 PM | #2 |
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Courtesy delivery is a fee that one dealership charges when you buy it from another dealership and have it delivered locally (for example if you order a car for factory delivery and have redelivery locally).
I have personally not heard of a courtesy delivery fee if your dealer gets your car from another dealer. That would be their cost, one would presume.
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11-25-2006, 11:39 PM | #3 |
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I agree, the courtesy delivery fee is bogus since they are the ones that don't have the "right" car. I would buy elsewhere if they don't waive this.
The $695 is BMW NA standard delivery charge and non-negotiable. The $250 doc fee is high (I wouldn't pay it at all, but $100 is normal). The training fee is a dealer-group fee and should be negotiated down. I cannot comment on the $270 registration fee. I suppose they demand this since you are leasing for 4 years? I assume this is prorated if you return the car early?
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11-25-2006, 11:44 PM | #4 |
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The problem is that there is no dealer in NJ with the car I want. If I want the car this week instead of waiting 8 weeks the only car is the one sitting in MA.
I don't really have an option to go anywhere else. What options do I have? |
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11-25-2006, 11:49 PM | #5 |
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Also, can the DEV Fee be applied to the MSRP if I am paying it up fron instead of rolling it into the monthly payments?
ie. MSRP on the car is 51,240 (including the destination charge) My cap cost is 46,440 (Invoice on all options without the $695 included) I'm giving them 1 K over invoice as profit. Actual cap cost is 47,440. I was going to pay the $695 up front. Is this right? Can I use the MSRP that includes the dev fee for my lease calculations? |
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11-26-2006, 01:11 AM | #6 | |
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11-26-2006, 01:12 AM | #7 | |
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I guess your option is to do what most people do, order the car you want and wait.
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11-26-2006, 06:37 PM | #9 |
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I did something similar for my 335i. In my case no dealer has the config and color I want, but there was one ordered by a dealer in northern california (I'm in Los Angeles), and the car just arrived at the dock and was waiting to be delivered to the dealership in N. Cal. Any dealer I go to in LA gets to the same network, and they can exchange a vehicle they have at the dock, with the N.Cal dealership for the car I want. I only paid the standard $695 destination fee, the Maco fee, and training fee... though I didn't bargain on those price, oh, and $1000 above invoice, I did call like 8 dealerships for comparisons. If they want extra fees, I'd just tell them I'll buy it through another dealer who can get into the same network anyways, and they might be able to waive the extra fees you mentioned. Good luck.
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11-26-2006, 07:26 PM | #10 | |
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11-26-2006, 08:47 PM | #12 | |
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