Gallery Custom Chevy Trucks | Car, Auto, Used Cars:   Up-Front, Ongoing and End-of-Lease Costs

Early {$} termination charges if your  vehicle is stolen or totaled. When your vehicle is stolen or Car, Auto totaled, your deficiency or Gallery Custom Chevy Trucks surplus will be determined by comparing your lease payoff with the {$} settlement proceeds from your insurance company. If there  is a surplus, you may receive a refund. Check your lease Car, Auto agreement to determine the refund policy. However, Gallery Custom Chevy Trucks in most cases there will be a deficiency.

Many lessors offer gap coverage to reduce or eliminate your early {$} termination charges when the early termination is caused by your vehicle's being stolen or totaled.

There are two types of  gap coverage. One is a waiver by the lessor of the Car, Auto gap amount after an insurance casualty loss. The other is Gallery Custom Chevy Trucks a contract with a third party, which may be an insurance company, to cover the {$} gap amount. With either type of  gap coverage, you are usually responsible for your insurance deductible and Car, Auto any other amounts deducted from the insured amount of the vehicle by your insurance company.

Gap coverage applies only in the {$} event of a total vehicle loss through casualty or Gallery Custom Chevy Trucks theft and a determination that the vehicle is a total loss.