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Re: Security Deposit (archive)
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Posted by Roger Steffens on August 14, 2001 at 12:49:49:

In Reply to: Security Deposit posted by Jeff G. on August 11, 2001 at 01:51:38:

...and even if you assume a lower reinvestment rate on the monthly savings of 5-6% or so the IRR is still around 12% or so.

On the other hand, it's unlikely that BMW can't borrow more cheaply, so they're probably hiding their profit somewhere else. You're trying to buy a car, not act as a financial institution. Why do they want a security deposit anyway ?


Has anyone put down $9500 for this security deposit (lease of 740i) and got it back at the end of 3 years and have it lower your payment by $105 per month? If you do the math it is a to-good-to-be-true 13.2% reduction in payment. The stock market sucks. If this is a real deal, it is a REAL OPPORTUNITY?



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