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      12-17-2012, 01:05 AM   #23
Second Lieutenant
corrado79's Avatar

Drives: 2012 E93 M3
Join Date: Jan 2012
Location: Los Angeles

iTrader: (1)

Originally Posted by AGS View Post
Multiple Security Deposits.

BMW FS offers the opportunity to put down more than one security deposit (up to 7), with each one reducing the money factor on your lease by .00007. If you do all 7 it reduces the MF by .00049 which is the approximately the equivalent of 1.2%. It's a great program - for me it equated to a guaranteed, after-tax return of 9.4% on the "investment".
When do you get the deposit back, at turn in?

What happens under the totaled car example given earlier? Does the deposit get returned or is it kept by BMWFS?
2012 BMW E93 M3 | Mineral White | 6MT
2013 BMW X5 xDrive35i Sport | Black Sapphire
2015 BMW F10 M5 | MCB | ZCP| MPE (On Order)