Lease:Is there Multiple Sec Deposit option for Audis?
AudiWorld Super User
Joined: Mar 2003
Posts: 2,592
Likes: 1
April is wrong again :-D j/k
Both VWF and AFS has it.
Multiple Security Deposit Option
<i>AFS offers reduced Rent Charge Factors when more than one security deposit is collected on the same contract.
Reduce the rent charge factor .00008 for each additional security deposit. Collect up to nine additional deposits over the initial required security deposit for a maximum of 10 total security deposits.
The total allowable security deposit(s) in New York is $749 Multiple Security Deposit Discounts are not available with a Pre-Pay Lease. The minimum Rent Charge Factor may not be less than .00005 and cannot exceed five decimal places.</I>
All you have to do now is run the numbers and see if it is worth it to put that much money down or not (ie. can you get a better return on your money somewhere else?)
Multiple Security Deposit Option
<i>AFS offers reduced Rent Charge Factors when more than one security deposit is collected on the same contract.
Reduce the rent charge factor .00008 for each additional security deposit. Collect up to nine additional deposits over the initial required security deposit for a maximum of 10 total security deposits.
The total allowable security deposit(s) in New York is $749 Multiple Security Deposit Discounts are not available with a Pre-Pay Lease. The minimum Rent Charge Factor may not be less than .00005 and cannot exceed five decimal places.</I>
All you have to do now is run the numbers and see if it is worth it to put that much money down or not (ie. can you get a better return on your money somewhere else?)
Thread
Thread Starter
Forum
Replies
Last Post
max90034
Q5/SQ5 MKI (8R) Discussion
20
Jan 2, 2024 05:04 AM
gregorydouglas89
A4 (B7 Platform) Discussion
20
Nov 4, 2018 08:21 PM
Audi A7 2012 A7 Prestige Fully Optioned
localbrew
Vehicles For Sale - Archive (NO NEW POSTS HERE)
7
Oct 29, 2015 07:14 AM
