Quote:
Originally Posted by MatthewDavid
OneRib or anyone else that knows...
Since BMW includes lease gap protection what happens to the MSDs if the car is a total loss (wreck or stolen & never found)?
It seems like you always get your MSDs back if you meet the conditions of the lease agreement and have no damage at turn in; is that correct?
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I believe the MSD is a security deposit insuring that you make your monthly payments, that's it! So even if they try to ding you for $500 at lease turn-in, I don't think they withhold that from your MSD refund, I think its a different issue all together (could be wrong on this). They way I always understood it is that your 7 MSDs are really just like paying them 7 months in advance.