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      06-29-2012, 04:21 PM   #18
cmhsam
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Drives: 2018 F90 M5
Join Date: Mar 2012
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Quote:
Originally Posted by AGS View Post
NO IT DOES NOT! Multiple Security Desposits only lower your money factor. They have no impact on your cap cost.

Each deposit up to a total of 7 lowers the MF by .00007. So if you do all 7 you reduce the MF from .00145 to .00096 (.00007*7=.00049; .00145-.00049=.00096). this works out to roughly a 2.30% rate versus 3.48%.
Dont forget this is the buy rate. Dealers will add their markup as well.
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