Question:
i was in an accident and the car is a lease. if the car happens to be "totalled" what happens to my lease, and do i owe money to the dealer? how much does my insurance go up or does it not if a car is totaled?
Answers:
Why do my new tires make so much noise?
well if you leased the vehicle..its not actually yours..Any claims will be put against the balance of the lease..best thing to do is call the dealership and let them know..they will work with you ..they want you to stay as a customer...Problem with an oil change on a Buell Blast 2001...?
You need to report it to them immediately, and get a Police report. You should read the packet they gave you with info regarding accident procedures. read your lease agreement. It depends on the circumstances of the accident. Were you ticketed? Did you follow their accident procedure requirements.Also, take lots of pictures. All angles of the car, the accident location, whatever you hit (Car-tree-etc). Don't answer questions to anyone if you don't have your facts together. You may want to contact an attorney before you answer. This will protect you and minimize damages.should i put remote start in my 2004 Tahoe? Pros and cons?
It depends. You've left out too much information to give you a definitive answer. For example, was the accident YOUR fault? If yes, did you have full coverage that would cover such a loss? If yes, did you have a deductible? If yes, you would get the worth of the car at the time of loss, adjusted for condition less that deductible. If that was under what was still owed on the lease, and you didn't have GAP insurance to cover that, you will owe some money and not have a car. Talk to your insurance agent.Find out if you have gap insurance with your auto carrier. Anyone who leases should have it. Your agent can tell you what will happen either way.
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