Question - Settlement for Totaled 2019 BMW 330i

Hi All,

I need some help. I totaled my BMW (not at fault) and been dealing with the other person’s insurance (Gecio). So they set a settlement price of 42K and the pay out for the car is around 26K. When I got the lease I had MSDS of 2800 + 2000 down payment.

I was talking to Geico and they sent the requested settlement of the 42,800 to BMWFS and they accepted the whole settlement. But I heard that I may get the overages. BMW isn’t telling me anything and keeps saying they don’t know. IF the payout for the car is 26K why is BMW wanting 42K? Shouldn’t I be getting the difference?

Can someone please help? I’m so upset and don’t know what to do.

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Here We Go Reaction GIF by MOODMAN


Your payoff is for you to purchase the vehicle. Someone else’s insurance is not you. Their insurance’s responsibility is to reimburse bmwfs for the market value of their asset.

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Can’t we automatically direct the same questions to same thread?

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Sorry for the crash. Hopefully you were not seriously injured. This has been discussed at length in similar posts regarding BMWFS. Just search forum.


I hate posting after the close, but

You should get your MSDs returned to you. Sorry for your loss, hopefully nobody was hurt.