A bootstrap is the process of starting up a computer. It also refers to the program that initializes the operating system (OS) during start-up. The term bootstrap or bootstrapping originated in the early 1950s. It referred to a bootstrap load button that was used to initiate a hardwired bootstrap program, or smaller program that executed a larger program such as the OS.
For returning lease customers, the $350 disposition fee will be waived when entering a new lease/loan with BMW Financial Services again, as well as the security deposit will be waived (with approved credit).
First Month's Payment. Because of this, the first month's lease payment is usually due at lease signing. This is not technically an additional fee, but it's something that catches people off guard. Sometimes there are lease deals where the first month's payment is waived.