Putting down MSD on leasing a 2020 S-Class
Thread Starter
Junior Member
Joined: Jun 2019
Posts: 48
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S560
Putting down MSD on leasing a 2020 S-Class
Hi,
I remember a couple of years ago I was offered to put down multiple security deposit (MSD) to lower my monthly lease on G wagon! Does MB still offers this option for S class. A friend of mine decided to switch from E class to S560 sooner than the end of the lease contract and enroll some negative equity and I though putting down MSD’s may help him to cover a part of this loss. He can afford up to $20,000 for MSD. Any previous experience to share ?
Thank you
I remember a couple of years ago I was offered to put down multiple security deposit (MSD) to lower my monthly lease on G wagon! Does MB still offers this option for S class. A friend of mine decided to switch from E class to S560 sooner than the end of the lease contract and enroll some negative equity and I though putting down MSD’s may help him to cover a part of this loss. He can afford up to $20,000 for MSD. Any previous experience to share ?
Thank you
Junior Member
Joined: Sep 2016
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2015 S550 1998 SL600
I don't think konig is trying to be funny. If you haven't been by the dealership and gotten to that phase of the talks or just asked a finance person, asking MBFS is probably a good place to start.
Member
Joined: Jan 2002
Posts: 155
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From: San Francisco
2015 S550 Coupe
Hi,
I remember a couple of years ago I was offered to put down multiple security deposit (MSD) to lower my monthly lease on G wagon! Does MB still offers this option for S class. A friend of mine decided to switch from E class to S560 sooner than the end of the lease contract and enroll some negative equity and I though putting down MSD’s may help him to cover a part of this loss. He can afford up to $20,000 for MSD. Any previous experience to share ?
Thank you
I remember a couple of years ago I was offered to put down multiple security deposit (MSD) to lower my monthly lease on G wagon! Does MB still offers this option for S class. A friend of mine decided to switch from E class to S560 sooner than the end of the lease contract and enroll some negative equity and I though putting down MSD’s may help him to cover a part of this loss. He can afford up to $20,000 for MSD. Any previous experience to share ?
Thank you
However, it looks like MSDs do not affect what you actually owe on the car and the residual. Therefore they don't affect the negative equity often incurred when trying to get out of a lease early (because you owe more on the car than what you've paid so far).
MBWorld Fanatic!
Joined: Mar 2017
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From: Birmingham, AL
2019 S560, 2022 Audi S8
Uhh, no, Konigster is not being funny. He is our most respected source for solid answers on just about anything Mercedes Benz. Just like Andy kept telling Aunt Bee ("call the man Aunt Bee! Just call the man!")..... you're best answer can be given by calling MBFS.
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2020 A220 2023 E450 Cabriolet
We did MSD's on both of our new cars and it made a great deal of sense. Unlike a down payment, there are refundable at the termination of the lease no matter when that happens. The reduction in the money factor provided more than a 10% yield on the MSD.
Financial services allowed up to 10 MSD's on each lease. The last lease was 3 months ago.
Financial services allowed up to 10 MSD's on each lease. The last lease was 3 months ago.
Junior Member
Joined: May 2020
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From: Nor Cal
2022 W223 Black/ Black 2019 c257 obsidian black / red 2019 CLS450 4matic blk/blk
Hi,
I remember a couple of years ago I was offered to put down multiple security deposit (MSD) to lower my monthly lease on G wagon! Does MB still offers this option for S class. A friend of mine decided to switch from E class to S560 sooner than the end of the lease contract and enroll some negative equity and I though putting down MSD’s may help him to cover a part of this loss. He can afford up to $20,000 for MSD. Any previous experience to share ?
Thank you
I remember a couple of years ago I was offered to put down multiple security deposit (MSD) to lower my monthly lease on G wagon! Does MB still offers this option for S class. A friend of mine decided to switch from E class to S560 sooner than the end of the lease contract and enroll some negative equity and I though putting down MSD’s may help him to cover a part of this loss. He can afford up to $20,000 for MSD. Any previous experience to share ?
Thank you
One msd is your payment rounded up to the the nearest $50
example; lease payment $1037 = $1050 msd
Every msd = .00007 off of the money factor
in this scenario, a total of $10500 security deposit would lower the money factor .00070
that $10500 is collected by the dealer, but held against the account as a security note against late payments or potential wear and tear fees.
Generally, if you have the extra money, it would be a wise decision to use this when leasing a Mercedes.
