Serious question on the one pay options as I have heard both good and bad. I went with the monthly vs the one pay on my 2026 Hummer out of little fear. Had some dealers as I was searching for my Hummer Deal advise against the One Pay. Theory was if you happen to total the vehicle you are out all th…

[image] eriefishpimp: So it raises the question is these true or dealers just trying to collect on the financing on the backside. I’m guessing it’s more that many dealers just make stuff up and don’t have a clue about the specific one-pay terms rather than any nefarious plan to try and steer …

ONE PAY=FINE-they will prorate and return the rest DOWN PAYMENT=BAD-you lose all of the down payment Edit: BTW-You would’ve save a lot $$$ with a ONE PAY instead of the monthly FYI

[image] j_e_f_f: I’m not aware of any mainstream leasing bank that keeps all of your one-pay amount in the event of a total loss. If that were the case then no one would do one-pays. Only Porsche Finance AFAIK

This guy knows. All correct besides few banks

[image] eriefishpimp: Theory was if you happen to total the vehicle you are out all that money. Not necessarily true. Read the early termination section pertaining to total loss in your lease agreement. Also, you may find this useful… Single Payment Adjusted Lease Balance Calculations, Optim…