Quote:
Originally Posted by E82TT6
Multiple Security Deposit.
It's like an extra security deposit. You save money with it by reducing the money factor, and for some leases without a maximum, you can reduce it to 0 or close to it by putting a lot down. You get the money back at the end of the lease.
I'm not sure if BMW allows for multiple security on their leases.
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Which one would you get back at the end of the lease? The upfront down payment, or the security deposits, or both? I have never leased a car before, and from what I have been reading here, no one has mentioned whether we will get our down payment or security deposits back at the end of the lease. And why would BMW keep your Max Security Deposit if you wrecked the car? Doesn't your full-coverage insurance pay BMW in that situation?