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      10-03-2012, 04:19 PM   #16
PatrickC23
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Drives: '16 991.1 911 GTS, '16 F85 X5M
Join Date: Apr 2012
Location: NNJ

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2013 BMW ///M5  [0.00]
Quote:
Originally Posted by AGS View Post
The deposits are refundable, and each deposit is equal to 1 month's payment. Since having this security deposit reduces the credit risk to BMW FS they offer a reduction to the MF for each deposit. Plus they invest the cash and make a return on it while they're holding it which offsets their cost as well.
Interesting stuff. So am I correct in equating ED with 7 security deposits to be appx 3.02% financing?
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2001 e46 330ci, 2002 e46 M3, 2013 F10 M5 - GONE
2016 991.1 911 Carrera GTS
2016 F85 X5M - Carbon Black/Mugello Red
M Performance spoiler w/ AW strip for sale
http://f10.m5post.com/forums/showthread.php?t=1305068