Disposition fees
from class: Math for Non-Math Majors Definition Disposition fees are charges incurred at the end of a car lease for returning the vehicle to the leasing company. They cover costs related to preparing the car for resale.
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Predict what's on your test 5 Must Know Facts For Your Next Test Disposition fees are typically outlined in the lease agreement. These fees can range from $300 to $500 or more. They are often non-negotiable and must be paid at lease termination. Disposition fees do not cover damages or excess wear and tear on the vehicle. Some leasing companies may waive disposition fees if you lease another vehicle from them. Review Questions What is a disposition fee? When are disposition fees typically incurred? Can disposition fees be waived under certain conditions?
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