Quote:
Originally Posted by eric145472
Thanks for your help! I wanted to clarify the reasoning behind allowing for multiple security deposits. If you get all 7 back at the end of the lease, you are essentially saving the $1400 over the lease without having to do anything. Why would BMW allow this? wouldn't they be losing money?
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Yes, you get the security deposits back at the end of the lease.
I do not know the details but I assume BMWFS has some formula for valuing the number of SD's someone is willing to put down and that they likely have a very low risk of default of other issues, like returning trashed or thrashed cars.