View Single Post
Old 03-03-2010, 02:43 PM   #11 (permalink)
Parrotguy
Base Member
 
Join Date: Oct 2009
Location: San Diego
Posts: 51
Drives: '10 Roadster Touring
Rep Power: 16
Parrotguy is on a distinguished road
Default

Put a lot down on a lease and you will lose the entire amount if you total the car. The insurance co. is only covering the remaining lease payments. If you total the car, the insurance co sends the owner/lessee a check. You walk away with no car and no money. Financial advisers say put the minimum down on a lease as noted above. Set aside your down payment money to make up the higher lease payments each month
Parrotguy is offline   Reply With Quote