Originally Posted by AGS
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?