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07-27-2011, 07:33 PM | #1 |
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Msd On The Lease Policy
I have a question regarding MSD's on leases.
God forbid, knock on wood, etc. I were to total the car or have it stolen, would i still get the MSD back? I know the downpayment is history but was not sure about the MSD. Are there any exceptions when you don't get it back? thanks guys. |
07-27-2011, 08:49 PM | #2 |
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Drives: Z4 3.5i MSport manual, 2020X3M
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Location: Midwest USA
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Your MSD are returned. All BMW FS leases include gap insurance so your deposit is yours and is not subject to loss if the insurance value is below the outstanding balance.
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07-28-2011, 12:41 AM | #3 | |
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Drives: '16 F83 M4 Convertible 6MT
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Quote:
I was worried about the same thing OP. The only way you can NOT get the MSDs back is if you return your lease with thousands of $ in damages lol
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