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      06-18-2010, 04:44 PM   #1
pchan866
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security deposit waived ???

I'm thinking about leasing and wanted to know if the security deposit be waived. I've heard that you can include it in the money factor to skip the upfront cost by increasing it by .00015. Also this will be my first time with bmwfs. thanks for your help.
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      06-18-2010, 04:52 PM   #2
That Nice Guy Beck!
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mine was waived
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      06-19-2010, 11:00 AM   #3
dimabimmer
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My SA told me that Multiple Security Deposit, or a Single Deposit for that matter, but Deposit to Reduce Money Factor is illigal in most states, but only legal in the state of New Jersey

Can anyone confirm details on MSD before I call BMWFS?
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      06-20-2010, 09:11 PM   #4
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wat
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      06-20-2010, 09:36 PM   #5
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Quote:
Originally Posted by dimabimmer View Post
My SA told me that Multiple Security Deposit, or a Single Deposit for that matter, but Deposit to Reduce Money Factor is illigal in most states, but only legal in the state of New Jersey

Can anyone confirm details on MSD before I call BMWFS?
Get a different CA. He/she obviously has no idea about their own BMWFS programs.
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