Disposition fee??

[tsoh626]

Hello,

I just got 2016 Spark EV 2LT.

$1000 (Drive-out) + $108.60(including tax) for 35month. Totally, about $4800 for 3 years.

Although it's only 10k miles, I thought it is good deal for me. So I took this.

When I came home, I saw the disposition fee ($395). OMG. I missed when I signed the agreement. I should have asked to waive the fee, right? Could you please let me know the disposition fee is typically charged in lease agreement?

Please tell me my deal is not too bad.

 

[Taxman]

With GM Financial, you can avoid the $595 acquisition fee with an increase in the money factor.
The only ways out of the $395 disposition fee that I know of are to buy the car at lease end, or maybe use a "lease pull-ahead" offer to have GM buy you out of the lease and start a new lease.

 

[fr100]

I don't know anybody that was able to get it waived when they signed the lease.

 

[saintyohann]

They also waive that fee if you buy or lease another GM vehicle at lease end...

 

[tsoh626]

Thank you for replying. Your information is helpful for me to understand the lease in details.