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Old 12-04-2009, 10:28 PM
Supercourse Supercourse is offline
Officially Welcomed to the 'Fest
Location: British Columbia, Canada
 
Join Date: Feb 2008
Posts: 3,124
Mein Auto: 2004 X3 2.5i
Not really an X3-specific issue, of course, but here is some Canadian content on that topic:

http://www.redfla******.com/forums/l...en-off-553439/

Sounds to me like the insurance company pays out a bit more to the leasing company than they would have made had you been able to return the vehicle.

And if you had some sort of "gap" or "replacement cost" coverage, you could also come out ahead.

Either way, early termination penalty does not seem to apply in your case.

Even if it is not written off, it would appear that being on a lease is a definite advantage in the event of major accident repairs -
you just walk away from it at lease end rather than owing a greatly depreciated vehicle.
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