Deposit required for order/lease?

sandyBimmer · 05-24-2015, 08:28 AM

I have seen a variety of comments here recommending to put nothing down on a lease since you'd loose the cash if you were to wreck the car. In contrast, I've also seen comments suggesting that deposits have been placed for ordered cars. Is there a requirement for a deposit when ordering? If so, how does that impact a lease? Cheers!

aerostar · 05-24-2015, 08:54 AM

Deposit can just go towards documentation fees / taxes... or towards your 1st payment if you're rolling everything together.

huveu · 05-24-2015, 09:37 AM

My dealer asked for a $1000 deposit.

With my current deal I will be paying around $1400 for first month, acquisition fee, registration/taxes, then $2800 for 7 MSDs.

DanG · 05-27-2015, 09:10 AM

I paid a $1,000 deposit. It was fully refundable.

05-24-2015, 08:28 AM	#1
sandyBimmer New Member 0 Rep 5 Posts Drives: M235i - Vert Join Date: Apr 2015 Location: Ohio iTrader: (0)	Deposit required for order/lease? I have seen a variety of comments here recommending to put nothing down on a lease since you'd loose the cash if you were to wreck the car. In contrast, I've also seen comments suggesting that deposits have been placed for ordered cars. Is there a requirement for a deposit when ordering? If so, how does that impact a lease? Cheers!
	Appreciate 0 Tweet Quote

05-24-2015, 08:54 AM	#2
aerostar Major 746 Rep 1,247 Posts Drives: 2018 F80 Join Date: Apr 2015 Location: NJ iTrader: (0)	Deposit can just go towards documentation fees / taxes... or towards your 1st payment if you're rolling everything together.
	Appreciate 0 Quote

05-24-2015, 09:37 AM	#3
huveu New Member 0 Rep 17 Posts Drives: 2012 GTI Join Date: Jan 2014 Location: FLL iTrader: (0)	My dealer asked for a $1000 deposit. With my current deal I will be paying around $1400 for first month, acquisition fee, registration/taxes, then $2800 for 7 MSDs.
	Appreciate 0 Quote

05-27-2015, 09:10 AM	#4
DanG Major General 10630 Rep 6,930 Posts Drives: 2018 M2 AW DCT Join Date: Aug 2012 Location: Seattle, WA iTrader: (1) Garage List 2018 BMW M2 [7.68]	I paid a $1,000 deposit. It was fully refundable.
	Appreciate 0 Quote