That isn’t an effective way to shop
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Nope. The only way to recoup a portion of that 8K is to pray insurance is willing to fix it, buy it out and sell it or someone able to circumvent Lexus lease terms. Equityhackr! Your next lease; if you do want to put money down the max I would go is 1st months payment + fees (TTL). I wouldn’t buy it with that hard of a hit.
OP’s lease ends this month. Their loss vs. putting nothing down as cap cost reduction, at this point, is probably minimal.
Oh that’s right he’s out of time. My wife lease got hit in Nov.'21, took 5 months to get the liftgate.
Then what would you suggest is the best way?
OP, I’m glad that you got out of that safely, which is most important. Totally sucks to have your plans wrecked especially in the current environment. I hope you’ll be able to get some of your equity. The hybrids are going for more than $4K above MSRP right now.
I am literally reviewing a RX one pay lease contract in these sections to see what my risks are.
Section 23 is the same and the words that jump out are “up to the amount that you owe us.” So the question becomes what would I owe them under a total loss?
Which brings us to the Early Termination sections. Here my contract differs from yours. The Early Termination Amount is “the difference, if any, between: the Adjusted Cap Cost; and the sum of (a) all depreciation and other amortized amounts through the date of early termination…, and (b) the Realized Value of the Vehicle.” (Realized Value is essentially my deductible plus the amount of the insurance claim, unless they agree to a higher amount).
It’s making my head explode to decipher that. 
I feel like I need to run a sensitivity analysis of different insurance payouts lol. Do we have any contract lawyers here?
So the insurance adjuster just got back to me with an an initial estimate of about 13K, but these are with all non-OEM parts. But they still want me to go into a body shop to get it checked out to get a firm estimate.
Any advice on if I should get it fixed with OEM parts and then try to sell it to Carvana/Vroom/ALgo etc or just give it up after fixing it up with non-OEM? Sorry I’m a complete newbie at this. The last car I had (Acura TSX), I kept for 10 years and 130K miles 
A brand new car ( < 3 yr) with non-OEM parts? Bah! insist on OEM on a lease.
I would check the lease agreement to see if it requires OEM parts. On my Audi lease, the agreement stated I needed to use OEM parts.
On my owned Toyota, my insurance company refused to provide OEM parts after an accident. The repair shop ended up buying used headlights, which cost more (according to the repair bill) than a Toyota dealer was charging for new OEM lights.
This car is likely not totaled. New bumper and tail gate with some broken parts underneath. It is probably about 15k in damage (just a guess). Until you find out what the insurance company is going to do you are just going to be in limbo.
The bigger problem is that the value will not be the same once you have the Carfax showing damage. If it is fixed you may just want to sell for what you can get. I would also get bids now and after the repair to see if you possibly have a dimished value claim.
The way I see it: Get it fixed without exercising any more time and brain power. OEM, non OEM, you don’t need to care. You’d never buy out this car for yourself.
See if Carvana, Vroom, Driveway etc. offer any equity despite the accident. If you can make some easy money, make some.
Otherwise just return the lease.
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If you want the 8k back, you want the price to be as low as possible. Repaired and the lease grounded as quick as possible. Once your made whole on to the next
What 8k is there to get back? It was a cap cost reduction which reduced the monthly payments over the 36 month lease, which is basically done. The residual is the same it would have been with or without the cap reduction. And even before the accident it didn’t seem like there was 8k in equity, barely 4-5k if that based on numbers thrown around earlier. This one feels like bad candidate for a “flip” at this point with 2 accidents - if not buying to hold for the long run, I’d just fix it and return it.
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missed the last lease payment submitted already. Dudes whole…slap that rear tray on and return lol
The other problem now is that it would likely take longer than the lease return date for the car to be repaired. Has OP inquired with Lexus about whether the lease needs to be extended?
That’s the first thing I’m going to do tomorrow. Don’t they have to extend it?
I would think you don’t want to pay for another month while it’s not in working condition either.
Anyone think it might be a good idea to get it fixed and try to extend the lease for another year and wait for the market to cool down? Have leasing companies been exdending leases these days? A lot of the quotes I have been getting are marking up the price of the car by 3k-7k.
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Any damage to the frame or hybrid components?
LFS most likely will not grant a 12 month extension, it’ll probably be 3-6 months.
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I agree. Fix it and get the 6 month extension or even longer if possible. Downside is that with supply chain issues, it could take several weeks or months to fix this….