Quote:
Originally Posted by Transfer
A down payment on a lease has nothing to do with saving interest relative to money factor. Down payments are purely pre-paying to decrease the monthly bill but you can't buy down the dollar amount that accrues interest on a lease. In some areas you can buy down the MF with MSDs, but that's not a down payment.
Nothing to be gained from up front (down) payment on leases.
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Huh?! Rent charge is a function of cap and MF (see equations in link below)...so the higher your cap the more interest you pay...meaning if you lower cap with a down payment the less interest you pay over the lease term.
https://www.edmunds.com/car-leasing/...e-payment.html