Quote:
Originally Posted by M3@Apex
Quote:
Originally Posted by Temptazn
I think BMWFS waives the security deposit if you purchase the 'Excessive wear & tear' package on your lease. Although my dealer never charged or mentioned a charge associated with the wheel locks.
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What is this Excessive Wear & Tear package? How much does it cost?
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Excessive wear & tear is an insurance package that will cover up to $7,000 in wear & tear damages upon lease return. So let say you return your BMW and it has a cracked windshield, dozen rock chips, a few dents and bald tires, you can turn your car to BMW without extra fees ( as long as it doesn't surpass $7,000). Anything over $7,000, it's out of your own pocket. The package is $1,500.