Multiple Sec deposits
Member
Joined: May 2003
Posts: 83
Likes: 0
From: Southern California
2007 E350 Sport Package
The MSD's, I believe, are a way of lowering your lease rate
and taking advantage of the low interest rates being paid on CD's and money markets right now.
E.G. If you put down a $5,000 "security deposit" it lowers your lease rate
for example by $35 a month which effectively is an 8% non-taxable return on your money. A lot better than many other investment right now. down side is that if you wsant to get out of your lease early you need to find someone who can come up with the security deposit.
and taking advantage of the low interest rates being paid on CD's and money markets right now.
E.G. If you put down a $5,000 "security deposit" it lowers your lease rate
for example by $35 a month which effectively is an 8% non-taxable return on your money. A lot better than many other investment right now. down side is that if you wsant to get out of your lease early you need to find someone who can come up with the security deposit.
