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.