S
Stacey L. Brower
If you are leasing, you might consider or it might even be mandatory for you
to have gap insurance should you total the car. If that happens, with the
lease, your payments would not cover the cost of the vehicle, if you had
made all of them. If you don't wreck it and want to purchse it at the end of
the lease, the pricing is most definitely not in your favor. The same would
be true if you total it, so be sure you have proper insurance coverage and
that your agent knows it is a leased car, not your own.
Stacey.
: I am so excited! Well i haven't bought it - just leased it (hoping the
: application goes through!!).
:
: This is my first time ever getting a brand new car out of a dealership.
:
:
: It's a silver 2006 Subaru Legacy 2.5i Special Edition. It's not out yet
: so i only can guess how it really looks like combining a standard 2.5i
: with some features from a limited.
:
: I am not sure about most car owners here but i am really excited to get
: a brand new car. I leased so as to reduce my monthly payments but i
: will buy at the end of the lease most probably if all goes well for the
: next 48 months. I pick it up in 3 weeks.
:
: Gary
: Toronto Canada.
:
: PS: Very confused about paint protection, rust protection and extended
: warranty though...
:
to have gap insurance should you total the car. If that happens, with the
lease, your payments would not cover the cost of the vehicle, if you had
made all of them. If you don't wreck it and want to purchse it at the end of
the lease, the pricing is most definitely not in your favor. The same would
be true if you total it, so be sure you have proper insurance coverage and
that your agent knows it is a leased car, not your own.
Stacey.
: I am so excited! Well i haven't bought it - just leased it (hoping the
: application goes through!!).
:
: This is my first time ever getting a brand new car out of a dealership.
:
:
: It's a silver 2006 Subaru Legacy 2.5i Special Edition. It's not out yet
: so i only can guess how it really looks like combining a standard 2.5i
: with some features from a limited.
:
: I am not sure about most car owners here but i am really excited to get
: a brand new car. I leased so as to reduce my monthly payments but i
: will buy at the end of the lease most probably if all goes well for the
: next 48 months. I pick it up in 3 weeks.
:
: Gary
: Toronto Canada.
:
: PS: Very confused about paint protection, rust protection and extended
: warranty though...
: