Quote:
Originally Posted by BzsBimmer
Maybe I'm confused but from what I know (and it's not a lot) gap insurance and car insurance will only cover the value of the car and not what the loss of your down payment will cover.
I've heard of a lot of stories that someone lost their lease down payment when the car was totaled.
Having the same payment is another thing though. If you want to let them have the money so you can have a lower payment, more power to you I guess.
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The dealership told me if you total your car they junk it and give u a new one without having to pay a dime for the new car because insurance will cover. am i getting fed with lies?