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      03-15-2008, 07:05 PM   #18
BCMPOWER
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Drives: 08 Silverstone II M3
Join Date: Dec 2007
Location: Silver Spring MD

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Quote:
Originally Posted by BMW3R View Post
Why would you lose your money if it were wrecked? What if I purchased the car and then I wrecked the car? I would obviously carry insurance. What is the difference between owning and leasing when it comes to using insurance?
you are not paying towards the car but the value (depreciation) of which you use it. There is no equity involved such as in purchasing a car.
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