Totaled my leased Honda, has expired tags, and doesn't have insurance, no police report filed. Is the best option to pay the car off?

Totaled my leased Honda, has expired tags, and doesn't have insurance, no police report filed. Is the best option to pay the car off?

That's your only option. Live and learn.

You have no choice. You owe the leasing company the payoff amount.

The best option? LOL! You have no choice, idiot child

Yes, its the best option.

If you don't pay it off, the leasing company will sue you for violating the terms of your contract, since EVERY lease requires you to carry full coverage insurance and you didn't. They will win that lawsuit against you but instead of just paying off the car you'll have court fees and attorney costs (thousand of dollars) added to the amount of debt you owe. The lawsuit will establish a legal judgement against you which ruins your credit and then they can enforce the judgement by levying your bank account, garnishing your wages, or even seizing property you own such as other cars, house, etc. (specific collection practices vary by state).

In the end you'll end up paying twice as much money and having a much bigger headache.

So yeah, pay off the car as soon as possible even if you have to borrow money on an unsecured personal loan, on a credit card, or from a retirement account. And next time, honor the contract you sign and carry insurance.

The way you do things your best option may be to spend a few months in jail with Bubba.

Your best (and only) option to pay the car off is to take the cash out of your own pocket, and go down to the company you leased the car from and pay off the remaining balance on the lease.
How in heck were you able to lease a car, if you don't have insurance, and how were you able to drive it with expired plates on it?

If you don't want to be sued by the lender, yes.

How do you have a leased car with no insurance on it? It sounds like your lying to us!

Yep.
LIKE FAST (even YOU know the answer)
First, most likely you exaggerate. It ain't totaled in that there's NO CAR left.
It is JUST DAMAGED. That is what you are paying off… An excessively worn out Honda… With custom dents and dings and scrunches. The resale value FOR YOU will be "very much lower" that is all.
. Now you got to get a bank loan to make that payment to the loan company… Then repay the bank back at a lower interest rate… Over a longer time. You will be able to do that… If you shop around.
Fewer people are in the market for a piece of junk.(unless the price is right)

You still OWE for what you initially bought "If it was perfect… Then you pay the perfect price" The loan company does not care if you drive in a manure pile with it, as they have a contract with you to get the paper MONEY. They do not care on you being able to sell the car once you drove it(which is how people buy their next car, because their first car is still valuable(not yours…"other people" because they do not destroy their car so it is lightly used)
. You did bigger damage than light usage, so your ability to resell it is really hampered. Now it is worth A HELL OF A LOT LESS THAN PERFECT PRICING. SUCK IT UP. Learn from the experience.
Your "fun" costs you big time.

Do note: Insurance would not have covered it anyways if you destroyed it by hitting a cement wall. That is your inability to drive that is costing you. The wall was always there. You wanting to do a Kamikaze thing to the wall is all on you.
. Insurance is for to cover you hitting another driver or people (that can SUE you on top of the damage cost to their stuff… That is what insurance covers.) Life insurance will not pay you out if you deliberately try and take your own life. Check their policy, that is what it says. Line 2 paragraph 1

Well, you still have to return an undamaged car after paying off the lease, so you are pretty much screwed.