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What is the disposition fee on a Lincoln?
I’m thinking about leasing a Lincoln for the first time! First I need to try to familiarize myself with the whole process, including what I need to do if I return it. What is the disposition fee on a Lincoln?
Mariza Morin · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
That’s a great idea! While
Lincoln
Automotive Financial Services does not explicitly state the disposition fee on a leased Lincoln, you can expect this turn-in fee to cost you anywhere between $300 and $400. So you might be asking—what’s a disposition fee? Leasing companies typically charge a disposition fee to help cover the costs of reselling your returned lease. But there’s good news! A disposition fee at Lincoln only applies to returned vehicles, so if you decide to purchase your Lincoln or extend your current lease, you don’t have to pay this turn-in fee.
Just keep in mind that if you decide to extend your current Lincoln lease, you’ll still have to bring in your Lincoln for a vehicle inspection. You’ll also be financially responsible if there is any excessive wear and tear on your vehicle.
Before you officially lease a car, make sure to ask what your disposition fee will cost before you sign the agreement at your Lincoln dealership. That way, you don’t run into any surprises down the road and you may even be able to negotiate the fee down altogether.
MORE: How to calculate a car lease payment
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