[bfv]

Originally Posted by Blubaron79

I'm signing my lease next week. How does multiple security deposits bring down the money factor?

Each MSD brings down MF by 0.0007. You can do total 7 MSDs which will bring MF down further at 0.00049. For example. Base MF-0.0013 - 0.00049= Final MF= 0.00081

The advantage of MSDs is that they are fully refundable @ lease end.

[Blubaron79]

Originally Posted by bfv

Each MSD brings down MF by 0.0007. You can do total 7 MSDs which will bring MF down further at 0.00049. For example. Base MF-0.0013 - 0.00049= Final MF= 0.00081

The advantage of MSDs is that they are fully refundable @ lease end.

I had no clue. Thank you. Essentially brings my payment down.

[Coupeit88]

Good stuff being talked about in here.