Quote:
Originally Posted by AGS
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.
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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.