Dealer Fees when purchasing lease buyout
Hi guys,
I’m buying out my currently leased vehicle. The dealership requires a safety, which I’m happy to do at a licensed mechanic - but will only transfer the vehicle to my name as unfit and unplated if I don’t go through their mechanics. A safety is my area is about $85 and the dealer is asking $150.
1. Is what they’re doing allowed? Do they have any legal obligation to transfer as fit and plated if I have a valid safety?
2. What do I bring to service Ontario once I receive the ownership in my name and have a valid safety to get it fit and plated? Is there anything I need to have a copy of prior to switching over names? If the vehicle has physical plates and is registered and insured, can I drive the vehicle to a service Ontario while unfit and unplated?
3. Are there any typical lease buyout / admin fees I need to be aware of?
Thanks all!
I’m buying out my currently leased vehicle. The dealership requires a safety, which I’m happy to do at a licensed mechanic - but will only transfer the vehicle to my name as unfit and unplated if I don’t go through their mechanics. A safety is my area is about $85 and the dealer is asking $150.
1. Is what they’re doing allowed? Do they have any legal obligation to transfer as fit and plated if I have a valid safety?
2. What do I bring to service Ontario once I receive the ownership in my name and have a valid safety to get it fit and plated? Is there anything I need to have a copy of prior to switching over names? If the vehicle has physical plates and is registered and insured, can I drive the vehicle to a service Ontario while unfit and unplated?
3. Are there any typical lease buyout / admin fees I need to be aware of?
Thanks all!