[joshuaissac]

> you bought one and had an accident that totals the car but oops, the steep depreciation curve means you have to go out of pocket to pay off a total loss

That can happen with a conventional car as well, which is why gap insurance exists. The regular insurance should still give you the replacement price (which would be the depreciated value).

[xienze]

Yes but again, the steeper depreciation curve makes it more likely to happen.

[RhysU]

The gap insurance will be more expensive. Resell still matters with gap insurance.