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      12-14-2019, 08:19 AM   #5
TurtleBoy
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Drives: 2019 X5 40i,2021 M340i
Join Date: Jan 2019
Location: Colorado

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Quote:
Originally Posted by HeynowbababooeyAckAck View Post
$3,809 in Fees seems high. Never put any money down on a lease (can’t recoup whatever money you put down from insurance company if car is totaled)..

Those are mostly taxes, in NY the sales tax on the entire lease amount needs to be paid upfront when the lease is signed. Many roll the taxes into the lease.

While the circumstances would be rare, if the insurance payout is more than what is owed to the lease company, the lease company will cut you a check for the difference. The process is not different than putting a down payment on a vehicle when financing.
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