Hey gang - I am negotiating an M5 lease with a dealer that I do not have a relationship with and they are insisting that the "Acquisition Fee" of $725 is mandatory and set by BMW.
Background: I've worked with my local BMW dealer on my last four BMW leases and in reviewing the last three lease contracts the line item on the lease contract for "Acquisition Fee" has been $0.
Question for the Forum: Is the Acquisition Fee in fact mandatory or discretionary?
I've researched this forum and Bimmerfest first and nothing popped out at me other than the fact that some people are paying it. I haven't paid it on my last three leases. Would love to understand if others experienced the same and/or if something in the lease terms have changed in the last couple of years.
Thanks in advance!
Sean
Background: I've worked with my local BMW dealer on my last four BMW leases and in reviewing the last three lease contracts the line item on the lease contract for "Acquisition Fee" has been $0.
Question for the Forum: Is the Acquisition Fee in fact mandatory or discretionary?
I've researched this forum and Bimmerfest first and nothing popped out at me other than the fact that some people are paying it. I haven't paid it on my last three leases. Would love to understand if others experienced the same and/or if something in the lease terms have changed in the last couple of years.
Thanks in advance!
Sean
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