Does anyone know if dealers will let you put 7 security deposits? Meaning, has it been done?
I figured 7 SD comes out to be $3,800 based on my monthly. This translates to over $1,200 in savings over 36 months. $3,800 secured in a 5% CD yields roughly $600. So it makes sense to do the MSD.
If they dont, I figure I'll just drop $3,800 as down to reduce to the capital cost. It translates to almost the same thing in the costs associated in leasing for 36 months with 7 MSD.