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FINANCE

Acquisition Fee

A fee charged at the start of a lease, typically $500-$1,000.

// Why it matters

The acquisition fee (sometimes "bank fee") is a one-time charge at lease origination by the leasing company to cover administrative costs of setting up the lease. It's usually $500-$1,000 and is rarely negotiable, but you can sometimes roll it into the cap cost rather than pay it upfront. Be aware: dealers sometimes mark up the acquisition fee on top of what the lease company charges, which IS negotiable.

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