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

Carscoops

This leasing deal is available throughout the US and valid until March 3. New financing deals could help buyers save over $12,000 on a higher-spec ID.4. It’s becoming harder and harder to resist leasing a new EV in the US, thanks to a growing number of competitive deals offered by automakers. For example, the ID.4

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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 changes mostly affect buyers of second-hand cars through dealers, said Young.

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

Shawn Ryder

Discounts and Incentives: Research current discounts, manufacturer incentives, or financing deals that can enhance your purchase and potentially reduce the impact of negative equity. Consider Additional Insurance Options Additional insurance options, such as GAP insurance, can offer peace of mind: What is GAP Insurance?