# Brand new BMW 330i totaled **URL:** \ **Category:** Insurance\ **Tags:** ca, bmw\ **Created:** [December 10, 2020, 5:56am UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124 "2020-12-10T05:56:37Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![Anonymous6](https://leasehackr.b-cdn.net/letter_avatar/anonymous6/32/5_5575768a8748004e209b776fc1b2916d.png) [@Anonymous6](https://forum.leasehackr.com/u/Anonymous6)\ **Post date:** [December 10, 2020, 5:56am UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/1 "2020-12-10T05:56:37Z")
Crashed a brand new 330i (20 days old). I guess mostly it would be a total loss as the damage was pretty bad and all the air bags were deployed. I have paid 3k down. Will insurance return this money back? Also, any action item on my side except working with the insurance person. Any help is much appreciated. Thanks. ---
**Author:** ![Facebock](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/facebock/32/191378_2.png) [@Facebock](https://forum.leasehackr.com/u/Facebock)\ **Post date:** [December 10, 2020, 5:59am UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/2 "2020-12-10T05:59:19Z")
First I hope you are OK in that accident Secondly that’s why you never pay any down payment ---
**Author:** ![Anonymous6](https://leasehackr.b-cdn.net/letter_avatar/anonymous6/32/5_5575768a8748004e209b776fc1b2916d.png) [@Anonymous6](https://forum.leasehackr.com/u/Anonymous6)\ **Post date:** [December 10, 2020, 6:04am UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/3 "2020-12-10T06:04:45Z")
Fortunately, I was not injured. Thank you. I didn’t think of this case for down payment 😐 ---
**Author:** ![chaoz90](https://leasehackr.b-cdn.net/letter_avatar/chaoz90/32/5_5575768a8748004e209b776fc1b2916d.png) [@chaoz90](https://forum.leasehackr.com/u/chaoz90)\ **Post date:** [December 10, 2020, 6:43am UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/4 "2020-12-10T06:43:59Z")
If it’s your fault your will probably lose it. ---
**Author:** ![as90](https://leasehackr.b-cdn.net/letter_avatar/as90/32/5_5575768a8748004e209b776fc1b2916d.png) [@as90](https://forum.leasehackr.com/u/as90)\ **Post date:** [December 10, 2020, 7:48am UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/5 "2020-12-10T07:48:11Z")
if he has gap insurance can they help recover it? sorry for your loss but glad you are ok ---
**Author:** ![Sonic19](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/sonic19/32/169978_2.png) [@Sonic19](https://forum.leasehackr.com/u/Sonic19)\ **Post date:** [December 10, 2020, 7:50am UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/6 "2020-12-10T07:50:07Z")
GAP is for discrepancy between payoff and “market value.” (whatever insurance determines it to be). Cap cost reductions reduce that payoff upfront essentially. I think GAP would not? ---
**Author:** ![trism](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/trism/32/26973_2.png) [@trism](https://forum.leasehackr.com/u/trism)\ **Post date:** [December 10, 2020, 10:22am UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/7 "2020-12-10T10:22:11Z")
> [@Facebock](#): > > you never pay any down payment This is like saying there were [36,096 fatalities in motor vehicle crashes last year](https://www.nhtsa.gov/press-releases/2019-fatality-data-traffic-deaths-2020-q2-projections), so you should never get in a car. ---
**Author:** ![j\_e\_f\_f](https://leasehackr.b-cdn.net/letter_avatar/j_e_f_f/32/5_5575768a8748004e209b776fc1b2916d.png) [@j\_e\_f\_f](https://forum.leasehackr.com/u/j_e_f_f)\ **Post date:** [December 10, 2020, 12:22pm UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/8 "2020-12-10T12:22:02Z")
Not to mention “down payment” and “due at signing” gets confused and used interchangeably around here every day. Unfortunately for the OP, any money up front is difficult to impossible to recover, regardless of whether it’s technically a down payment or not. ---
**Author:** ![82sna](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/82sna/32/137434_2.png) [@82sna](https://forum.leasehackr.com/u/82sna)\ **Post date:** [December 10, 2020, 12:23pm UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/9 "2020-12-10T12:23:37Z")
How does a one pay lease come out in a situation like this? ---
**Author:** ![j\_e\_f\_f](https://leasehackr.b-cdn.net/letter_avatar/j_e_f_f/32/5_5575768a8748004e209b776fc1b2916d.png) [@j\_e\_f\_f](https://forum.leasehackr.com/u/j_e_f_f)\ **Post date:** [December 10, 2020, 12:36pm UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/10 "2020-12-10T12:36:52Z")
One-pay money is refunded on a pro-rated basis (at least for BMW). ---
**Author:** ![EC99](https://leasehackr.b-cdn.net/letter_avatar/ec99/32/5_5575768a8748004e209b776fc1b2916d.png) [@EC99](https://forum.leasehackr.com/u/EC99)\ **Post date:** [December 10, 2020, 1:22pm UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/11 "2020-12-10T13:22:21Z")
> [@trism](#): > > This is like saying there were [36,096 fatalities in motor vehicle crashes last year](https://www.nhtsa.gov/press-releases/2019-fatality-data-traffic-deaths-2020-q2-projections), so you should never get in a car. That seems like a poor analogy. You don’t put money down because if you wreck your new 330i 20 days after leasing it you lose all the money. It seems like a pretty good rule to follo almost all the time as opposed to not getting in a car because it is “dangerous” ---
**Author:** ![trism](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/trism/32/26973_2.png) [@trism](https://forum.leasehackr.com/u/trism)\ **Post date:** [December 10, 2020, 1:25pm UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/12 "2020-12-10T13:25:41Z")
You don’t get into a new 330i because you could crash and die 20 days after leasing. Like totaling the car, both are possible, and both are highly improbable. ---
**Author:** ![Ursus](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/ursus/32/4944_2.png) [@Ursus](https://forum.leasehackr.com/u/Ursus)\ **Post date:** [December 10, 2020, 2:07pm UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/13 "2020-12-10T14:07:52Z")
> [@trism](#): > > Like totaling the car, both are possible, and both are highly improbable. Are you saying that one has the same chances of crashing a car as dying in a car crash? There are more totaled cars than car crash deaths, obviously. ---
**Author:** ![trism](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/trism/32/26973_2.png) [@trism](https://forum.leasehackr.com/u/trism)\ **Post date:** [December 10, 2020, 2:14pm UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/14 "2020-12-10T14:14:01Z")
No, I typed what I meant. Both are highly improbable. ---
**Author:** ![Ursus](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/ursus/32/4944_2.png) [@Ursus](https://forum.leasehackr.com/u/Ursus)\ **Post date:** [December 10, 2020, 2:17pm UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/15 "2020-12-10T14:17:38Z")
Then again: > [@EC99](#): > > That seems like a poor analogy. Both are unlikely, sure. ---
**Author:** ![trism](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/trism/32/26973_2.png) [@trism](https://forum.leasehackr.com/u/trism)\ **Post date:** [December 10, 2020, 2:19pm UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/16 "2020-12-10T14:19:14Z")
> **[In 1954, an Alabama woman became the first known person to be directly hit by...](https://www.insider.com/alabama-woman-first-person-hit-by-a-meteorite-2020-6)** > > Ann Hodges was napping in her home when the 8.5-pound meteorite crashed through the ceiling, bounced off a radio, and hit her. ---
**Author:** ![Ursus](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/ursus/32/4944_2.png) [@Ursus](https://forum.leasehackr.com/u/Ursus)\ **Post date:** [December 10, 2020, 2:20pm UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/17 "2020-12-10T14:20:15Z")
Did she lose down payment on her house? ---
**Author:** ![trism](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/trism/32/26973_2.png) [@trism](https://forum.leasehackr.com/u/trism)\ **Post date:** [December 10, 2020, 2:23pm UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/18 "2020-12-10T14:23:27Z")
Not sure, but I certainly would never risk taking a nap. - On November 30, 1954, an Alabama woman, Ann Hodges, was struck by a meteorite while taking a nap. ---
**Author:** ![82sna](https://leasehackr.b-cdn.net/user_avatar/forum.leasehackr.com/82sna/32/137434_2.png) [@82sna](https://forum.leasehackr.com/u/82sna)\ **Post date:** [December 10, 2020, 2:25pm UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/19 "2020-12-10T14:25:31Z")
I get your point, putting money down and losing it in a total loss is a very low possibility. Does not make it a good idea to put down thousands, to save a few dollars. ---
**Author:** ![EC99](https://leasehackr.b-cdn.net/letter_avatar/ec99/32/5_5575768a8748004e209b776fc1b2916d.png) [@EC99](https://forum.leasehackr.com/u/EC99)\ **Post date:** [December 10, 2020, 3:23pm UTC](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124/20 "2020-12-10T15:23:58Z")
I’m so confused. Putting zero down costs basically nothing. You pay slightly more in interest payments but conversely you are earning a return on the money you hold until you make the higher monthly payment. This isn’t like not driving or not taking a nap. There is literally no downside to not putting money down. It’s why we always say don’t put money down. It’s like an absolutely free insurance policy. Why wouldn’t you accept it? [Next page](https://forum.leasehackr.com/t/brand-new-bmw-330i-totaled/317124.md?page=2)