Quote:
Originally Posted by m2for2
Doesn't putting down a larger down payment in the beginning reduce the buyout value? Essentially what I'm asking is: is putting down more $ upfront not reducing the partial "value" of the car you're renting from BMW?
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Would not reduce buyout value at all. It will lower u monthly payment but only because u paid it upfront which many will argue is very bad idea becuase at the end you pay the same amount but run risk of loosing all that money if something happens to vehicle (collision).
You are thinking of ur lease payment as loan with interest but it doesn’t work the same way in terms of interest. U interest doesn’t go down as u make more payments.