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What is the disposition fee and when is it collected?

April 26, 2017collected disposition fee

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What is the disposition fee and when is it collected?

2 Answers

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Most leases contain a disposition fee charged by the financial institution to cover their cost of retrieving your vehicle at lease end. The amount, which varies by leasing institution, is fully disclosed in the lease contract. You will be billed for this charge after you turn in your vehicle.

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Posted

Some leases contain a disposition fee charged by the financial institution to cover their cost of retrieving your vehicle at lease end. The amount, which varies by leasing institution, is fully disclosed in the lease contract. You will be billed for this charge after you turn in your vehicle.