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Old 09-02-2016, 08:45 AM
 
597 posts, read 666,482 times
Reputation: 846

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The question sounds ridiculous since I didn't buy the car; it was not "sold" to me in the traditional sense.

After totaling my car, my insurance company reimburses for the value of the car and also for taxes and certain fees paid on a new vehicle within 30 days.

I have a state tax form showing the tax for the lease and a motor vehicle lease agreement. Is there something that is supposed to be equivalent of a bill of sale for lease? My adjuster did say he didn't know if the reimbursement applies to leases but would check.
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Old 09-02-2016, 09:07 AM
 
Location: San Antonio, TX USA
5,251 posts, read 14,239,819 times
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Do you have a copy of your contract? Everything would be itemized there.
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Old 09-02-2016, 09:10 AM
 
Location: Wayne,NJ
1,352 posts, read 1,530,496 times
Reputation: 1833
Usually the tax is rolled into the lease payment, (in effect the tax is financed). The leasing company get's the majority of the payoff, the only real problem could be a "gap" amount. Which is the amount the insurance company values the car, vs the amount owed.
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Old 09-02-2016, 09:20 AM
 
597 posts, read 666,482 times
Reputation: 846
Quote:
Originally Posted by Me007gold View Post
Do you have a copy of your contract? Everything would be itemized there.
Yeah, I have a copy of the contract. I guess I could send that to him as well. Thanks.
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