How is the acquisition fee and security deposit determined?
A. These are fees established by the leasing company or bank, not the dealer. Money factor, disposition fees, and mileage fees are also set by the leasing company. You normally can’t negotiate these fees with the dealer but you can shop around at other dealers, at your bank, your credit union, or at independent leasing companies, such as PrimeLease, for better terms. By the way, you typically won’t see the acquisition fee (“bank fee”) specified anywhere in your contract but it’s there hidden in your cap cost.
