Here are ALL of my lease fees, anything look wrong? Minnesota

OrbicularisOrbicularis Member Posts: 20
edited May 2020 in Audi
Acquisition Fee = $895
Government Fee = $965.25
MN sales tax = 6.5% x (total lease payments) [getting taxed on interest too!]
Proc/Doc fee = $100 (max allowed in MN)

Government Fee = $900 License Fee + $8.25 Title/Transfer Fees + $10 State Deputy Fee + $4.50 Electronic Filing Fee + $20 Wheelage Tax + $3.50 SPV + $8 Plate Fee + $11 Transfer Tax

I couldn't find the $900 "License Fee" on the MN gov website that lists all of the other "Government Fees." Could this be registration?


Destination Fee = included in MSRP ($995)
Disposition Fee = Don't know yet


thanks!

Comments

  • MichaellMichaell Moderator Posts: 263,565

    Acquisition Fee = $895
    Government Fee = $965.25
    MN sales tax = 6.5% x (total lease payments) [getting taxed on interest too!]
    Proc/Doc fee = $100 (max allowed in MN)

    Government Fee = $900 License Fee + $8.25 Title/Transfer Fees + $10 State Deputy Fee + $4.50 Electronic Filing Fee + $20 Wheelage Tax + $3.50 SPV + $8 Plate Fee + $11 Transfer Tax

    I couldn't find the $900 "License Fee" on the MN gov website that lists all of the other "Government Fees." Could this be registration?


    Destination Fee = included in MSRP ($995)
    Disposition Fee = Don't know yet


    thanks!

    Nothing out of the ordinary listed.

    If the doc fee is capped at $100 in MN, then I'd guess the other is the registration costs. Personal property tax?

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