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).
Term: The length of a lease or loan. Termination Fee: Can refer to either prepayment penalties or a disposition fee. Trade-In Value: The price a dealer will pay for your current car when selling you a new one.