Originally Posted by MrRoboto
Why would you put 12k down on a lease? You might as well just buy it.
Because you have to make a certain $ amount of payments during the term of the lease anyway to pay down "1-residual", irrespective of how little you put down. Putting as much down as possible to minimize lease interest charges can be a smart strategy if your personal cost of financing is less than BMW Canada's lease rates. I would definitely consider such a strategy if the lease rate offered is greater than 6%.