Quote:
Originally Posted by Captainbrioche
Hi. What does MSD mean?
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Múltiple security deposits.
They're fully refundable deposits at the end of the lease if you make all your payments on time.
Perk- it's 7K you get back for being responsible, which helps bring your monthly payment way down. Think of it as a "refundable down payment"
Con- you need to have 7K to put down from the get go (which if you're looking into an i8 should be no issue)
Another con- if you chose to give up your lease for transfer as OP is- the MSDs do not go back to you, they go back to whomevers name is on the lease contract - so you have to make arrangements with whoever is taking over the lease, unless you're ok with letting go of the MSD completely.