2) This is a leased vehicle, I have 16 more months left in the term. How do the insurance companies handle this if the Crossfire is considered a "total"?
I put a sizable down payment to lease this vehicle so that I would have small monthly lease payments. Does the insurance company factor this in?
Do they just pay Chrysler for the vehicle and kiss me off? Do they lease a vehicle for me for the remainder of the term? Does my down payment value get considered?
Thanks.
When I totaled my leased coupe I called Chrysler Finanical and they had me to get Farm Bureau to call them. Farm Bureau took care of everything, since the car was probably totaled they sent one of their adjusters to where it was towed to and the adjuster said "yep it's totaled". The Insurance company paid the last four payments that I owed, then Chrysler hit me up for the deductable.