GAP (Guaranteed Asset Protection)
Upside Down, Negative Equity Protection
Vehicles are so expensive and we want to help protect you from out of pocket losses. If you take advantage of our lenient financing then our GAP (Guaranteed Asset Protection) coverage is for you. This insurance protects the variance between what you owe and what the vehicle is worth and is perfect for those who finance 100% of the value of their vehicle.
If the vehicle is reported as a total loss, the coverage covers the “GAP” between what is owed on the loan and the value of the vehicle. That will allow you to get new wheels without worrying about paying for a vehicle that has been totaled. And what’s best of all, you can pay this low cost coverage in conjunction with your payment. Ask us how when you apply.