Remove Automotive Remove Customer Remove Gap Insurance
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Signing a new contract after cancelling gap insurance?

Shawn Ryder

In particular, what happens when you decide to cancel your GAP insurance and sign a new contract? Understanding GAP Insurance Guaranteed Asset Protection (GAP) insurance is designed to cover the difference between what you owe on a vehicle and its actual cash value in the event of a total loss.

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Is GAP insurance required for a new 2025 Honda HRV?

Shawn Ryder

One of the critical aspects of vehicle coverage is GAP insurance. GAP insurance, which stands for Guaranteed Asset Protection, plays a significant role in the event of a total loss of your vehicle. What is GAP Insurance? Why Consider GAP Insurance When Buying a New Vehicle?

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Based on CFPB Documented Consumer Complaints, Are Junk Fees Really in the Spotlight?

AutoSuccessOnline

The CFPB has been intensifying its efforts to combat what it terms “junk fees” across various financial products and services, including those in the automotive industry. In the automotive sector, this scrutiny has extended to GAP insurance and various aftermarket products.

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Warrantywise appoints new Dealer Sales Director

Motor Trader

Duxbury will oversee all aspects of dealer operations, including customer relations and key partnerships. His return will include filling the gap left by traditional GAP insurance by providing dealers with the knowledge to inform their comprehensive warranty plans.

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Navigating Inflationary Pressures on Vehicle Ownership: A Guide for Auto Dealers

AutoSuccessOnline

Let’s explore the factors driving inflation in the automotive market and discuss strategies for dealers to support their customers through these difficult economic conditions. Dealer Response: Strategies to Support Customers Auto dealers can play a vital role in helping their customers navigate these inflationary pressures.

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Is Your F&I Product Lineup Balanced & Diversified?

AutoSuccessOnline

The Shift Toward Diversification The rise of EVs and hybrids continues to impact the automotive industry, offering consumers environmentally friendly options with lower operating costs and reduced emissions. Offering VSCs provides customers with extended coverage beyond the manufacturer’s warranty, safeguarding against costly repairs.

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Lease + Gap Coverage?

Shawn Ryder

When considering vehicle leasing, many customers ponder the necessity of gap coverage. Understanding the interplay between leasing and gap coverage is crucial to preventing potential financial setbacks in the unfortunate event of a total loss. This is where gap insurance comes into play.