What should I watch out for on a luxury car lease?

The biggest traps in luxury car leases are acquisition fees (which can run $800-$1,100 and are often non-negotiable), inflated money factors (the lease equivalent of an interest rate), and dealer-added options that inflate the capitalized cost without adding real value. Always ask for the money factor separately from the payment quote, and compare it to the buy rate published by the manufacturer. Disposition fees at lease end (typically $300-$500) are also standard on luxury brands. Know what you will owe when you turn the car in.