Valueguy

How much would I save if I made a lump sum payment for my lease on a GS 350 F Sport vs placing multiple security deposits?

Does the effective money factor go to zero with a lump sum payment?

How much does each additional security deposit reduce the MF?

Thanks

majin ssj

Obviously you will get a lower payment if you apply that money to cap cost reduction but you won't get that money back at the end of the term. Not sure how much MF is reduced per sec deposit but I wouldn't think it could be reduced to 0. Could be wrong though...

Valueguy

I have read that each additional security deposit lowers the MF by 0.0001 I think you can do 8-9 Security deposits which will lower the rate substantially.

Valueguy

Infiniti allows a maximum of 9 security deposits and each deposit reduces the Money Factor by 0.0001

Lexus allows a maximum of 9 security deposits and each deposit reduces the Money Factor by 0.0001

BMW allows a maximum of 7 security deposits and each deposit reduces the Money Factor by 0.00007

Modeler

DO NOT DO THIS! If your car is stolen, you will lose a big chunk of that money. Do the multiple deposits instead. These are refundable, including in the event of total loss / theft.