[Powaup]

Originally Posted by Sedan_Clan

Here's a good read:

http://www.realcartips.com/leasing/0...ar-lease.shtml

Actually, BMW covers that "black hole" according to my dealer:

"The down payment is never covered but BMW includes the Gap insurance on leases and purchases, so in the event of a total loss, they will pay out the difference of what the insurer pays and the payoff amount."