i3Alan wrote: I had pre-paid a lot of the lease up front, so some of that was likely pre-payment credit.
If you mean multiple security deposits, yes you get that back. MSDs are a little known feature of BMW FS leases that reduce the interest rate in exchange for putting in a larger security deposit. The security deposits are refunded at the end of the lease.
A large cap cost reduction (down payment) has nothing to do with what you might get at the end of lease. In general large downpayment are a bad idea on an American lease. That money is gone. The payments are lower but it is your money at risk if the car is a total loss. Insurance only pays off the balance of the loan if the car is totalled.
Yes I did mean MSDs. Also, there are insurance options to cover the at risk money from a large down payment on a loan or lease.