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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.

Sometimes your bank or credit union will allow you to look at their repo file, which lists all the cars and trucks they have repossessed and would like to sell. Often the lender just wants to recoup their losses, so you can get very good deals this way. Sometimes you can even get financing for the car directly from the lender that owns it.

A dealer value indicates the price you could reasonably expect to pay to purchase a vehicle from a professional vehicle dealer. Dealers will often bring cars up to a marketable standard, both mechanically and aesthetically, as well as provide warranty coverage post-sale. These inclusions are not generally provided by private sellers.