Multiple Security Deposits (MSD)
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MBWorld Fanatic!
Joined: May 2018
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From: Long Island, NY
2019 E 450, 2016 E350 4matic (retired), 2018 Ford Edge Sport, 2008 Porsche Boxster
Multiple Security Deposits (MSD)
I you live in New York and lease from a New York dealer the New York Dealer, by law, cannot offer you Multiple Security Deposits (MSD).
To get a Multiple Security Deposit you must go out of state, for example New Jersey. When I went to the New Jersey dealer recommended by jhpmbusa, for 10 deposits totaling $9,500 the monthly payment went from $941 to $844 a month, a savings of $97 per month, $1,164 per year. This a return of over 12% on the $9.500.
To get a Multiple Security Deposit you must go out of state, for example New Jersey. When I went to the New Jersey dealer recommended by jhpmbusa, for 10 deposits totaling $9,500 the monthly payment went from $941 to $844 a month, a savings of $97 per month, $1,164 per year. This a return of over 12% on the $9.500.
