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What is a bank fee when leasing a car?
Asked by unknown
1 Answers
Acquisition Fee: Sometimes called a bank fee or administrative fee, this is a fee that leasing companies charge to arrange the lease. This fee is typically between $395 - $895, depending on the vehicle and leasing company. Note that acquisition fees can be bundled into the monthly lease payment, or paid up-front.
Is the Dodge Charger a rear wheel drive car?
Asked by unknown
1 Answers
The current Dodge Charger is based on the same platform used for the Chrysler 300. The current Charger is available in five trim levels: SE, SXT, R/T, SRT8 and SRT8 Superbee. The SE and SRT8 trims are only offered with rear-wheel drive, while the SXT and R/T can be rear-drive or all-wheel drive.
Do car dealers make more money on leases?
Asked by unknown
1 Answers
It's typically 2 or 3 percent of either the invoice or the sticker price of the car. On a $20,000 car, a hold back represents $400 to $600. The hold back allows dealers to sell a car at invoice price (or even below invoice) and still make money. Most manufacturers offer hold backs to their brands' dealers, but not all.