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      09-03-2012, 09:47 AM   #9
cpiguy
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Quote:
Originally Posted by AGS View Post
That's good to hear. I think it's complete BS when the dealer tries to mark-up the BMW FS rates. My dealer did not even try this stunt.

BTW, just a piece of advice. NEVER put money down on a lease. If the car is in an accident and the car gets totaled you lose that money.
Not sure where you got that info from, but it is totally dependent on your insurance policy. I had an X5 totalled 6 years ago. The accident occurred less than a week after I picked the car up. The insurance company gave full original cap value from my lease contract, and I was able to rebuy the car at a better discount, putting 2 grand in my pocket.

And oh yeah, I had done a $5000 cap reduction.

Just the way my policy works.
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