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      04-21-2015, 05:07 PM   #1
F12M6MD
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Security Deposit

In what scenarios is this waived? ie. Current vs previous BMW Financial relationship? Dealer's choice?

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      04-22-2015, 11:39 AM   #2
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Entirely up to the dealer I think. My wife just bought a new Volvo V60 R-Design and we told the salesman that we were cross shopping Audi and BMW. On the lease quote, the security deposit was waived. He didn't know us from a hole in the ground.
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      04-24-2015, 07:53 AM   #3
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Quote:
Originally Posted by F12M6MD
In what scenarios is this waived? ie. Current vs previous BMW Financial relationship? Dealer's choice?

Thanks.

Mark
Credit score / annual income? Don't know for sure but think those could be factor.
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      05-12-2015, 10:39 PM   #4
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Confirmed with my finance guy. Said there are 3 tiers. Above a certain score, no security deposit. Below 590, big deposit needed.
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