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      06-10-2015, 12:11 PM   #274

Drives: Depends on the day.
Join Date: Nov 2008
Location: Scottsdale, AZ

iTrader: (0)

Originally Posted by Inprogress View Post
So basically putting a down toward cap cost could burn me if i decide to swap the lease, get into a new car before my lease is up, or god forbid i get into a wreck of some sort early on in the lease right?

So why would anyone want to put down toward the cap cost? I imagine lowering the monthly payment is the only reason?
You nailed it -- it's a mental thing for the monthly payment IMO.

It does reduce the interest paid slightly, but it's immaterial and it's all about balancing risk for people. Depending on when the accident occurs in the lease period, you're at risk losing any money you put down towards the cap cost. Swapping the lease is the same risk, as you would have a tough time getting someone to give you (some of) that cash back.
2019 Jeep Wrangler | 2018 BMW 320i | 2016 Porsche Boxster Spyder | 2009 Jeep Wrangler
gone: 2015 M4, 2015 335i, 2012 Turbo S, 2008 M3, 2004 M3, 2003 330xi