jjbodean

i would agree with that statement - i would just pay my upfront fees and nothing more if i were to lease

FinanceGuy

Yup. If you can swing the payments, dont throw any additional cash down. If you qualify with a 690 score or higher, they should be able to waive the Sec. Dep.

sirkfc

I'm not sure about Lexus, but with BMW, you can put down multiple security deposits, which lower your money factor. The net result of this lowering is an equivalent return on your security deposit greater than 10% per year, which is more than you can get on any guaranteed investment.

Though yes, you are putting more money at risk should catastrophe occur, so I guess it's not really risk free... but it's something to think about.

FinanceGuy

Yes, you can do this with Lexus as well. They also offer a One-Pay option where all of the lease payments are made upfront. Great alternative for the cash buyer who hates making payments and trades every 3-4 years.

I unfortunately don't have the funds to worry about a One-Pay...