I was negotiating to buy a new Lexus IS 2009, and I realized that the dealer charged me about $ 500 for a rate of LDA. I’m in northern California. What is this charge, and it is normal that everybody pays, or the dealer trying to expel an additional payment “hidden” in me? Besides, as I am leasing costs dealer about $ 700 “leasing” fee. Is this under each lease, or am I being charged a fee of “hidden” as well? Of course, the dealer is willing to offer $ 1000 below dealer invoice for the car. Antemano.OK Thanks, I found that the rate of LDA is the share of advertising. I’m fine with eso.La banking charges $ 700 “fee of leasing” or adquisición.El rate problem is that I’m not going to a different financial leasing company. I’m getting the lease by agreement with the Lexus Financial.De link below, I think I’m getting charged $ 700 extra. What do you think? Http://www. the car. com/auto-loans/36/loan-tips/car-leasing-faqs. Acquisition rate htmlLa divulgadaUna no acquisition fee is required by most leasing companies in order to open a lease. This charge, also known as lease origination fee is usually around $ 450, but may be as high as $ 700. Originally, the fee was invented by retailers, who would claim the car leasing company will charge the fee. The dealer then the rate of pocket. But leasing companies was successful, and began charging the purchase f
What is an LDA fee, when buying a new car?
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All dealers have a dealer fee whether hidden or shown. it pays for paperwork ect. As far as leasing fee, yes there is one and they range in price from bank to bank.
Sounds to me like the dealer is doing what every dealer does these days…add on “junk” fees in order to boost profit. If the dealer pays “invoice” for the car, besides going into holdback, why would he sell it to you at a $1000 loss? Easy answer is that he ends up making a profit by charging the “S&L” fees! In the confines of the back office, S&L stands for steak and lobster. If you really like the vehicle, and can afford the payments, buy the car. He’s got to make some profit or else he won’t be in business next year when you need service, right? Good luck.
I don’t know about the LDA fee. I’m assuming it’s some sort of Documentation Fee.
The 700.00 is an acquisition fee charged to all Toyota and Lexus Leases PER TOYOTA/LEXUS FINANCIAL (with Toyota’s it’s 650.00). Not the dealership. They have no choice with this fee.
All dealerships have a Documentation Fee if that is what the LDA Fee is. I think 500.00 is outrageous. We charge 79.00 at my dealership in Indiana.
If you can afford a 2009 Lexus, don’t worry about it and buy the car.
From your friendly Toyota Salesperson
Edit:
LDA is Lexus Dealer Advertising
Edit (again):
Lexus Financial IS NOT the Dealership. Lexus Financial finances/leases the car and the Dealership sells you the car. They are two separate companies. God, quit screwin around Amy and go lease the car already.
Since you are trying to pinch every penny (which I can’t understand if you are looking at a $40,000.00 car), go lease a 2009 Camry XLE V-6 and save $5000.00.