Minimum Drive Offs

omega3effect · 11-09-2015, 01:52 PM

Hi Everyone,
Sorry if this is was discussed before, I searched but didn't get a definitive answer -- do you know what are minimum drive offs are?

First Months payment and taxes

CA Tire fee? Acquisition fee (925?)? Doc fee (350?)? Security Deposit (is this a must?)

I get different answers from different dealers

I'm confused?!

Thanks!

M6-Coupe · 11-09-2015, 03:21 PM

Quote:

Originally Posted by omega3effect

Hi Everyone,
Sorry if this is was discussed before, I searched but didn't get a definitive answer -- do you know what are minimum drive offs are?

First Months payment and taxes

CA Tire fee? Acquisition fee (925?)? Doc fee (350?)? Security Deposit (is this a must?)

I get different answers from different dealers

I'm confused?!

Thanks!

The minimum drive off is the first payment + document fee+ registration + tax
Acquisition can be added to your monthly payments and spitted per month.

omega3effect · 11-09-2015, 05:55 PM

Thanks!
So doc fee is 350 and can't be increased, right?
Reg is dmv determined
Acquisition is 925
And tire fee is that a bs fee?

Axxlrod · 11-11-2015, 10:53 AM

Doc fees are limited to $80 in CA.

I believe the tire fee is required by the gov of CA. It's only like 8 bucks or so.

omega3effect · 11-11-2015, 01:47 PM

thanks thanks!

medman2k1 · 11-11-2015, 03:27 PM

Actually you can drive off with "zero down"

All they do is roll the fees/taxes/etc into the lease.

Example the last car I leased was a MB GL550.

I did the deal with just the 1st mo lease payment.

I paid that and they handed over the keys.

Focus on the price of the car, the MF and what the dealer "fee" is. Those items are negotiable and will determine if you get a great deal or get screwed.

Everything else is mere math!

11-09-2015, 01:52 PM	#1
omega3effect New Member 9 Rep 25 Posts Drives: 19 M5 SG Join Date: Oct 2015 Location: CA iTrader: (0)	Minimum Drive Offs Hi Everyone, Sorry if this is was discussed before, I searched but didn't get a definitive answer -- do you know what are minimum drive offs are? First Months payment and taxes CA Tire fee? Acquisition fee (925?)? Doc fee (350?)? Security Deposit (is this a must?) I get different answers from different dealers I'm confused?! Thanks!
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11-09-2015, 05:55 PM	#3
omega3effect New Member 9 Rep 25 Posts Drives: 19 M5 SG Join Date: Oct 2015 Location: CA iTrader: (0)	Thanks! So doc fee is 350 and can't be increased, right? Reg is dmv determined Acquisition is 925 And tire fee is that a bs fee?
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11-11-2015, 10:53 AM	#4
Axxlrod Dude man 164 Rep 329 Posts Drives: X5/X7/Acura NSX Join Date: Jan 2007 Location: San Diego iTrader: (0)	Doc fees are limited to $80 in CA. I believe the tire fee is required by the gov of CA. It's only like 8 bucks or so.
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11-11-2015, 01:47 PM	#5
omega3effect New Member 9 Rep 25 Posts Drives: 19 M5 SG Join Date: Oct 2015 Location: CA iTrader: (0)	thanks thanks!
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11-11-2015, 03:27 PM	#6
medman2k1 Private 14 Rep 59 Posts Drives: 750Li Join Date: Nov 2009 Location: Florida iTrader: (0)	Actually you can drive off with "zero down" All they do is roll the fees/taxes/etc into the lease. Example the last car I leased was a MB GL550. I did the deal with just the 1st mo lease payment. I paid that and they handed over the keys. Focus on the price of the car, the MF and what the dealer "fee" is. Those items are negotiable and will determine if you get a great deal or get screwed. Everything else is mere math!
	Appreciate 0 Quote