Quote:
Originally Posted by killer_carlson
Is there an issue with leasing a car and getting into an accident where the car is written off? Is it possible that you could end up owing more than you get from insurance?
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Quote:
Originally Posted by Rathji
If your mileage is too high at the time of the accident, you will owe. Happened to my Dad shortly before he died.
Other than that, I dont know.
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Most policies have 43R on them which waives the depreciation over the first 24-30 months.
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Captain James P. DeCOSTE, CD, 18 Sep 1993
Corporal Jean-Marc H. BECHARD, 6 Aug 1993
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