I recently had the same issue. I purchased my lease. Contact the original finance comapny and get them to send you the payoff amount. Take to the bank to get financed. As you said when I went to the dealerships they added almost $2000 to the payoff balance and also added extra fees as you described. In the end it was almost $4500.00 I saved by calling the Honda directly getting the payoff amount and financing elsewhere. Hope this helps !
My current leased vehicle is at the end of contract. Market conditions indicate a shortage of New Vehicles available to lease at a reasonable price point.
My current dealer has indicated many leasee are purchasing the vehicles as a possible solution.
I have been to three different dealerships (GM) and over and above the payment of Florida sales taxes, each dealer wants to mark up the sale contract by approx. $600-$800 to handle the paperwork. They disguise this paperwork fee as (Administration fee) (Florida Fees) (Paperwork settlement) etc.
While I do not mind paying a small/reasonable charge to complete a minimal computer generated paperwork situation, I think the mark up of $600-$800 is exorbitant and greedy. GM Financial (current lease holder) indicate they do not have any involvement in my purchase of the vehicle and dealers can charge whatever they want.
So, open for suggestions or if someone know a GM Dealer willing negotiate the paperwork price so that I may purchase the vehicle.????
Thank You
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