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Hi,

I am a leasing newbie. The dealership offered to lower interest rate if I put security deposit which works out to about 7% return on deposit - is this a commonly used option? Anything to watch out for?

Thanks.
 

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Will you get the full deposit back at lease end? I personally would not put any money upfront except for 1st month. Thats because if the car is stolen or totaled, the upfront money is gone. Insurance pays the leaser/leasing company for the loss and not leasee/you.
 

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I remember seeing the same math trick and it is not completely true. I would only go for it if it does save a lot, and you don't mind leaving the money upfront.
 
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