BMW X5 Forum (G05) - View Single Post

russelldav · 03-07-2019, 04:59 PM

My dealer needs to run off a new quote for me before I collect later this month, as the lease rate has dropped by 0.5% since I ordered my car.

The new quote contains both a Admin fee ($495 CAD / $368 USD) and a Lease/Finance fee ($395 CAD / $294 USD).

I have queried this as I don't think I should pay both the Admin and the Lease/Finance fee since I believe the former should be paid by BMWFS who are effectively buying the car. The initial response from the Finance rep is "As for the admin fee, this goes towards staff salaries and is applicable to all sales, leases and finances.".

Am I right to push back on the $495 Admin fee on this basis? Is it normal to pay both?

03-07-2019, 04:59 PM	#1
russelldav 456bhp for breakfast 425 Rep 913 Posts Drives: 2019 X5 50i Join Date: Oct 2013 Location: Vancouver, Canada iTrader: (0)	Admin and Lease/Finance Fee My dealer needs to run off a new quote for me before I collect later this month, as the lease rate has dropped by 0.5% since I ordered my car. The new quote contains both a Admin fee ($495 CAD / $368 USD) and a Lease/Finance fee ($395 CAD / $294 USD). I have queried this as I don't think I should pay both the Admin and the Lease/Finance fee since I believe the former should be paid by BMWFS who are effectively buying the car. The initial response from the Finance rep is "As for the admin fee, this goes towards staff salaries and is applicable to all sales, leases and finances.". Am I right to push back on the $495 Admin fee on this basis? Is it normal to pay both?
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