Originally Posted by utrecht
If I have GAP insurance, does it ensure that I pay nothing at the end of the lease (other than the surrender fee or excessive mileage)? In other words, if my car has any large dings, dents, scratches, gets wrecked, someone keys it, the seats are excessively worn or whatever else could cause the car to be worth less than expected when I return it, does the GAP insurance cover all of that?
Originally Posted by aja8888
I believe exclusions and coverages will all be spelled out in the GAP insurance policy.
You need separate body damage insurance. Usually not worth it.
Lease companies are way more forgiving than people give them credit for. My wife's jetta was hit from behind and repaired, gash along the bottom of the car below the driver's door, some dings also, tires really used up, all alloy rims scraped. No charge.
The only thing they care about are cracked windshields and big dents. They also do a pre lease inspection so they tell you what it will cost a couple months before hand so you can get it fixed on your own.