|Re: BMW Financial Services PrePay Lease (archive)|
Posted by wayne on September 21, 1998 at 14:19:38:
In Reply to: BMW Financial Services PrePay Lease posted by JL on September 21, 1998 at 14:05:22:
I' not familiar with BMW's lease but most pre-pay leases offer a slightly lower money factor. Think of this a a lower interest rate. The difference is usually minimal and, if you have anything better to do with your cash (investments, etc..), it's better not to pre-pay the lease. Most of my customers pre-pay for the convenience of not making payments more so than to save money.