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      12-25-2010, 11:53 PM   #22
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adrianBMW99's Avatar

Drives: BMW 135i
Join Date: Aug 2010
Location: USA

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Originally Posted by 335iMIAMI View Post
Shouldn't ever give money down on a lease. My uncle has worked for several high-end dealerships , and always says it's money in the trash.
Not entirely true. In most cases yes; but not in all. One reason is putting money down on a lease is money that is always lost forever. If you wreck the vehicle, you are not getting a single dollar back of that down payment. If you spread the down payment money over the term of the lease, then you would have consumed that amount proportionally over the months that you had the vehicle before you wrecked it. A general rule that I follow is to never put down over 2-3K for a lease just to stay on the safe side. That amount should reduce your payment by about 100 bucks which in my case was very favorable. Different approaches for different people...