Acquisition fee
Acquisition fee
A charge in most auto leasing companies for originating the loan, just as mortgage lenders charge points as an origination fee. This could be called a bank fee or an administrative fee and can be paid up front or it is included or ‘rolled into' the gross cost. This fee covers items like obtaining a credit report, entering the lease in the data system, and general administrative task involved with assessing the loan.
6.11
5.83
