Gap protection
Guest
Posts: n/a
HELP ME PLEASE
I NEED TO KNOW WHAT HAPPENS WHEN I WRITE-OFF MY CAR LEASING WITH GAP PROTECTION!
I am being told that if I was to write-off the car, then I would just get a new one, no worries, no problems. This seemed a really stupid comment by my delaer, if I write-off a 2003 in 2007, they just give me a new one, I doubt it, but how do they find a 2003 to replace my 2003? I doubt that too.
So do they lease me a new car, and what happens to my exisiting lease payments? my downpayment?
DON'T JUST READ THIS AND CLOSE IT. I am 23, and need help purchasing my first new car. I know very little about leases and need HELP!
Thanks for any/all help.
I am being told that if I was to write-off the car, then I would just get a new one, no worries, no problems. This seemed a really stupid comment by my delaer, if I write-off a 2003 in 2007, they just give me a new one, I doubt it, but how do they find a 2003 to replace my 2003? I doubt that too.
So do they lease me a new car, and what happens to my exisiting lease payments? my downpayment?
DON'T JUST READ THIS AND CLOSE IT. I am 23, and need help purchasing my first new car. I know very little about leases and need HELP!
Thanks for any/all help.
Last edited by taylor192; Aug 4, 2002 at 10:54 PM.
