Originally Posted by evodz
If you put money down on your lease and your car gets total, wouldnt the insurance payment be more then what you owe so you get some of the down payment back?
an extreme example: lets say you put 30k down(full lease prepayment) on a 50k lease and it gets totaled 2 months after you leave the dealership, the car has to be still worth around 40k, wouldnt the insurance payout be around that amount?
The problem is that the insurance company pays off the leasing company, not you. You're stuck for whatever you already paid. Maybe it works differently on a pre-paid lease, you'd have to look at the contract.