What if my leased Toyota is in an accident?

  • If your Toyota is in an accident but not a total loss, you are not responsible for the excess depreciation because of the accident.
  • If your Toyota is declared a total loss you are covered. Standard on every Toyota Lease is GAP coverage (Guaranteed Asset Protection).  If your leased Toyota is declared a total loss our GAP will cover the difference between what you still owe on the lease and the amount of your insurance settlement.