Quote:
Originally Posted by SportsJunky
We are buying my wife's Mazda after her lease terminated this month. We are being charged !@#$ing $500.00 for the privilege of doing so. On top of all the other fees they are also going to stick us with this paperwork fee. We've paid 4 years of lease payments and are paying the full buyout price and we still have to eat another $500.00. No wonder people think car dealers are shady.
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If it is listed in your original lease agreement, how is it shady? I have seen Mazda leases, and it is pretty clear on the document there is a purchase option fee. However if it is not listed on the agreement, they cannot charge it to you. If you had an issue with it, it should have been adressed before signing the lease.
However, if you intend to buy another Mazda in the future, make it known that you will not return to their dealer if they do not waive the fee, you just may get some traction with that.
You cannot however, blame the dealer, for your signing of a document which you negated to properly review. And that is not exclusive to a an automotive lease agreement. There are thousands of other documents that people probably don't properly review before signing them.