Cost data

Which Lease Companies Offer Multiple Security Deposits?

Written by JaredReviewed by JaredLast reviewed 2026-08-07

Figures reviewed 2026-08-07 (today). Rate data is sourced per table and each table states its own reporting period.

Which lease companies actually offer multiple security deposits?

Two, confirmed directly from the captive's own published materials as of August 2026: Toyota Financial Services and BMW Financial Services. Multiple security deposits, or MSDs, are extra refundable deposits paid at signing in exchange for a lower money factor, the interest rate built into a lease payment. Our full explainer on how MSDs work covers the mechanics; this page is about which brands actually confirm they offer the program at all, something generalist sites rarely check brand by brand.

Toyota Financial Services states, in its own lease-programs literature, a "Multiple Security Deposit Program" that lets a lessee "reduce your monthly payment by providing additional security deposits at lease signing," with a maximum of 9 additional deposits allowed. The same document notes the program is not available in New York state, and that deposit balances are refunded at lease end minus any amounts still owed.

BMW Financial Services states on its own site that lessees can "put down up to seven security deposits on a new lease or transfer the balance from an existing lease at lease end" under its Multiple Security Deposit Program. That is the clearest, most direct captive confirmation found for any non-Toyota brand.

Which brands publicly confirm an MSD program?

The table below, current as of August 2026, separates confirmed programs from brands where no primary confirmation exists. Enthusiast communities describe programs at a few more brands, covered in the next section, but those are not yet confirmed on any captive's own page.

"Not confirmed" means exactly that: we could not find the program stated on the captive's own website, brochure, or support page. It does not mean the brand definitely refuses MSDs at every dealer. Dealer-level knowledge of these programs varies, and a captive can quietly run a program without publishing consumer-facing terms.

Why do forums describe Mercedes-Benz and Audi MSD programs the primary pages don't confirm?

Because captive lease programs are not always published where a normal search finds them. Leasehackr and brand-specific owner forums, including MBWorld and AudiWorld threads, describe Mercedes-Benz and Audi MSD programs in specific detail, down to exact deposit counts and rate reductions per deposit. That level of specificity suggests real dealer-level programs exist for at least some contracts and regions.

The gap is publication, not necessarily existence. Mercedes-Benz Financial Services' own consumer pages promote a "vehicle turn-in fee" credit and an excess-wear waiver for loyal customers, but say nothing about MSDs. Audi Financial Services' own FAQ page covers security deposits generally without describing a multiple-deposit option. Treat the forum figures as a starting question to ask your dealer in writing, not as a confirmed rate you can plan a payment around.

Do Kia and Hyundai really not offer MSDs?

That is the consistent report from consumer and dealer sources, though neither captive publishes an explicit statement that it declines to offer the option. Forum threads and dealer explainer pages for both brands describe MSDs as available at "other manufacturers," implicitly or explicitly excluding Kia and Hyundai from that list. One frequently cited dealership account states plainly that Hyundai financing has no multiple security deposit option to lower the money factor.

This is different from a brand with no information either way, where the honest answer is that nothing is confirmed in either direction. For Kia and Hyundai, the weight of reporting leans toward no, even without a captive-published denial. If you are shopping either brand and want to try MSDs anyway, ask your dealer directly and get the answer in writing before you count on it.

How much does the maximum deposit count actually matter?

It sets a ceiling on how much cash you can tie up, separate from how much it saves you per month. Toyota's cap of 9 deposits and BMW's cap of 7 deposits are both refundable-cash ceilings, not payment-savings figures, since neither captive publishes the exact rate reduction per deposit.

Using the Federal Reserve's own description of how deposit amounts are typically set, rounded up to the next $25 or $50 above the payment, a hypothetical $500 deposit illustrates the scale difference:

That money is refundable, not spent, but it still needs to sit with the captive for the length of the lease. A 9-deposit Toyota program ties up more cash than a 7-deposit BMW program even before either captive's specific rate reduction is known.

Is chasing an MSD program worth it if your brand doesn't confirm one?

Usually not, and this is the honest answer even for the two confirmed brands. An MSD lowers the money factor, a smaller piece of the lease payment than the depreciation charge, so the monthly savings tend to be modest, often single-digit dollars per deposit. Tying up thousands of dollars in refundable cash for a modest monthly discount only makes sense if that cash was going to sit as a down payment anyway, since a down payment is spent immediately while an MSD comes back.

If your brand is not Toyota or BMW, chasing an unconfirmed MSD program at the expense of negotiating the selling price or the money factor itself is the wrong trade. The seven-number deal check, MSRP, selling price, money factor, residual, incentives, due at signing, and monthly payment, matters more to your total cost than whether you can find a deposit program your brand may not even offer. For the arithmetic behind exactly how MSDs move a payment, see our full breakdown of multiple security deposits.