Originally Posted by Coltgus
A 1 pay lease is like a regular lease except you make all the lease payments at inception, the amount of each payment is calculated using a reduced money factor. BMWFS puts the money in an account for you and subtracts each lease payment from that account when due. So if the car was totaled you would get that money back.
Sounds like a good deal if the lease rate is low enough. Do you know what interest rate you pay?