Thread: Gap insurance?
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      05-04-2020, 07:29 PM   #10
youngdoc1
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Drives: 2019 X4 M40i
Join Date: Jan 2012
Location: Toronto, Ontario

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Ah ok thanks for clarifying. Speaking of insurance, this is my 2nd bmw lease. I made the decision to buy tire/rim warranty - had 4 flats changed in the span of the first year, making it well worth it.

As with any insurance the company will make more money than they pay out, but the convenience and peace of mind was worth it for me.

On the topic of gap insurance, my care insurance company also sells a rider where 1) if your car is totalled within the first 5 years they pay out the full value of the car from the day you bought it, and 2) if repairs are needed, all parts are replaced with new OEM parts.
Appreciate 0