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Old 04-22-2008, 10:49 PM
Scotty
 
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Default Accident Lease Vehicle?

My lease vehicle was struck by another car within 24hours of signing the lease(crazy eh?)

The lease owner(BMW) will get compensation for the depreciation(diminished value) of their brand new vehicle from the liable auto insurer. Meanwhile.......I pay for a brand new car that is really a depreciated wrecked title vehicle.

Basically BMW gets their car repaired, dimished value compensation, and I still pay their high brand new auto lease rate?

Am I missing something? Can I get out of this lease or renegotiate a damaged vehicle lease rate?
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