Remove Banking Remove Buyer Remove Gap Insurance
article thumbnail

Leasing A VW ID.4 For $190 May Make You Rethink That Tesla Model Y

Carscoops

New financing deals could help buyers save over $12,000 on a higher-spec ID.4. Buyers can lease the ID.4 It’s generally not advisable to put cash down on a lease because GAP insurance will only cover the remaining balance and not the downpayment if the car is totaled or stolen.

APR 98
article thumbnail

Negative equity in car ā€“ cover with down payment or use for newer vehicle?

Shawn Ryder

” This situation can transpire when you owe more on your car loan than your vehicle is worth, which often becomes a concern for car owners and potential buyers alike. Consider Additional Insurance Options Additional insurance options, such as GAP insurance, can offer peace of mind: What is GAP Insurance?

article thumbnail

Dealer finance under fire amid crackdown on 'secret' revenue

Autocar

Commissions paid unknowingly by customers have accounted for large chunks of profits for dealers, which have teams dedicated to growing revenue from finance and insurance deals, or ā€˜F&Iā€™ (including GAP insurance). The figures, which included its US operations, show that finance and insurance generated 3.1%

Finance 59