Quote:
Originally Posted by dkballer22
Question to those on the thread, I've never leased a car before, always financed in the past, typically what is the average people put down when getting something like an m3?
Thanks!
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None. Doesn't make sense to use any down payment towards cap cost reduction for a lease. If the car is involved in a situation where it needs to be written as a total loss, you've essentially thrown that money away.
Maximize the multiple security deposits (MSD) which is typically 7 times the rounded total of your monthly payment. This will drive down the buy rate for the lease and you'll get this money back at the end of the lease. A search will yield much better info on the MSD program than I've been able to provide.