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IS - 2nd Gen (2006-2013) Discussion about the 2006+ model IS models

Did your lease include "extra" charges?

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Old May 20, 2006 | 12:15 PM
  #1  
Mike_TX's Avatar
Mike_TX
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Lexus Test Driver
 
Joined: May 2006
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From: TX
Default Did your lease include "extra" charges?

Some dealers and lending institutions include what I consider to be bogus charges in their lease pricing. These charges go by names like "Lease Acquisition Fee", "Bank Fees", "Doc Fees", etc. Even on leascompare.com I see lenders adding as much as $1,000 in fees like this.

You need to remember each $1,000 equals about $30 a month on a 36-month lease, and they're often slipped in just so the dealer - or the lender - can make more profit. I can't believe Lexus itself would scam people with these fees, but I guess I could be surprised ... (?).

So, did your lease include fees like this?
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Old May 20, 2006 | 02:25 PM
  #2  
upbull340's Avatar
upbull340
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From: Nebraska
Default

I had no suprises when I signed the lease documents. Initially there was a $600 acq fee. My last car was $500. I was able to get them to split the cost with me for this fee. They told me it goes to Toyota Motors and it was required. So they took $300 off the vehicle cost.
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