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Glossary of Automobile Buying and Financing

Glossary of terms related to automobile buying, leasing, financing, driving, and insuring.


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Term Definition
acquisition feeRelated to car leasing, this is a fee that is included in all leases, but rarely discussed or disclosed. It is usually added to the price of the car and is financed with the lease. The amount is typically $495-$995 depending on the lease comapany and price of the car. It is not negotiable.
 


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