Leasing a new Nissan car is an excellent way to get behind the wheel of a new model equipped with the latest technology, performance, and style while keeping your monthly payments low. To ensure that the leasing process goes smoothly, it’s essential to understand the standard Nissan lease fees that are part of the lease agreement. Here at Hall Nissan Virginia Beach, our team of finance professionals is dedicated to transparency, helping you be informed every step of the way.
Fees Due at Lease Signing
When you start your lease at Hall Nissan Virginia Beach, several standard fees are due at signing. These inception fees include:
- First month’s payment
- Taxes
- Official registration and title fees
- Acquisition fee (a standard charge from the leasing company to set up the lease account)
- Lessees may also choose to make a down payment, also known as a capitalized cost reduction, to lower their monthly payments.
Potential End-of-Lease Fees
At the end of your Nissan lease term, there are a few potential fees to be aware of. These are outlined in your lease agreement and can include fees for any mileage that exceeds your pre-selected allowance and charges for any excess wear and use that goes beyond normal, day-to-day use.
The Disposition Fee
Some Nissan leases may include a disposition fee, which covers the cost for the leasing company to process the returned vehicle if you choose to return it at the end of the lease. However, as a thank you for your loyalty, Nissan often waives this fee for customers who decide to purchase or lease a new Nissan model at the end of the term.
Lease a Nissan Car in Virginia Beach, VA
Understanding standard Nissan lease fees is an essential part of the process, and our team is here to ensure transparency. To learn more about the Nissan lease process, visit Hall Nissan Virginia Beach today!