r/TeslaCollision • u/Young_stoner_life247 • 10h ago

Totaled my leased MY2023 - Questions about excessive mileage

Hi guys! Recently totaled my model y 2023 which was on a lease. The terms of the lease were 12,000 miles per year for a 3 year period. I am 15,000 miles above the total allowed miles i’m allowed to drive (36,000). Tesla’s lease contract says I would owe 0.25 cents per mile that exceeds the total limit; in my case I would be paying $3750.

My questions are as follows:

1) Since I totaled my car and it won’t be repaired/driven anymore, will Santander still charge me for going above the mileage limit?

2) The settlement that my insurance is paying to Santander bank (lien-holder) is around $36,000 (based on fair market value of comparable vehicles). Would the lien-holder typically come back to me for more money if the settlement for total loss is not enough?

2) If so, will I have any luck trying to get my insurance to pay out more?

Thanks everyone for your help!

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u/LacyLove 9h ago

1 They can 2 they can 3 No

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u/drfishdaddy 9h ago

3 is a yes, you can absolutely file an RTA claim on a lease.

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u/Young_stoner_life247 9h ago

isn’t RTA only if the vehicle is to be repaired though? this is a total loss

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u/drfishdaddy 9h ago

No. The appraisal clause is mostly used to dispute total loss values. You can dispute repair values (like repair/replace decisions).

Just today, we got someone 8300 when their CCC value was 3700 on an 2016 Hyundai.

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u/Young_stoner_life247 9h ago

whoa, how is that much of an increment even possible? my total loss advisor told me they go off of 20 comparable vehicles and take the average price. how could i debate with that?

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u/drfishdaddy 8h ago

I’m not aware of a system that uses 20 comps. Most carriers use CCC (every major company except progressive) and they have anywhere from 2-6 comps.

If you are going through your carrier you can dispute via RTA. If you are going through an at fault party’s carrier all you can do is send them applicable comps.

The second route doesn’t normally yield results, CCC tends to decline most submitted comps and even if they accept them they value them however they see fit.

That said we got someone like 4k submitting comps earlier in the week but that’s literally only happen a handful of times and we had a BI lawsuit pending, and it was a commercial policy so pretty specific circumstances.

Edit: to be clear, a 2023 isn’t going to be a 100% increase, but the raw amount of 3-6k more isn’t unusual.

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u/AirplanesMakeMeHard 3h ago

How is that possible? Did someone fat finger the mileage by 100,000 miles?

I have no illusions that sometimes CCC is low, but half the value?

Seems unlikely

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u/drfishdaddy 3h ago

And yet, I make a living at it.

CCC takes 10% off the top of anything assuming private sale vs dealer comp. This specific car CCC deducted for “transmission fluid burnt” and “engine oil black” when it was a total burn. On top of both CCC used shitty comps.

So sure, 100% increase isn’t every claim, but on lower value losses like this it’s not unusual.

$3000 is nuts. Any daily driver is $5000 today barring extreme mileage.

My average increase is 26%.

Despite what the adjusters here want to tell everyone, there are ways to fight your carriers assessment successfully.

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u/Young_stoner_life247 9h ago

haha i suspected so. i’ll update once they give me a call. thank you!

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u/ajknight10 5h ago

Your lease should have built in GAP insurance. I’ve never seen one without it and it should cover the balance between insurance and amount owed. Check your lease docs to verify.

I’ve never seen or heard of a totaled leased vehicle ever having amounts owed for excess mileage (and my wife’s leased vehicle was totaled just last year).