Quote:
Originally Posted by tomegun
Approximately $61k. I didn't put anything down - chose to do multiple security deposits instead.
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If $35,000 is 65% of its value, that means the adjuster thinks the car is worth around $54,000 which means you are underwater by around $7,000 if the car turns out to be a write off. in Canada, we get gap insurance included by BMW in our leases. Hopefully, your car isn't a write off.