Shawn Ryder

FEBRUARY 14, 2024

If you’re still paying off a vehicle loan, there’s a chance that the insurance payout might not cover the full amount you owe. This is where Guaranteed Asset Protection (GAP) insurance comes into play, providing crucial financial coverage to bridge this gap. What Is GAP Insurance?

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Carscoops

OCTOBER 15, 2024

However, that low price comes with a catch: it requires a hefty down payment (which we don’t recommend—more on that below), bringing the real monthly cost closer to $238. Prospective buyers should keep in mind that putting cash down on a lease is generally not advisable.

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Shawn Ryder

FEBRUARY 7, 2024

The F&I manager will also offer additional products such as extended warranties and GAP insurance. Knowing this price can give buyers leverage during negotiations. Upside Down When you owe more on your vehicle loan than the car is currently worth. It’s often used as a starting point for negotiations.

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Term Gap Insurance Dealerships Extended Warranty 40

Carscoops

MAY 26, 2024

Toyota Corolla Buyer Teaches Us How To Beat Dealer Markups A Redditor posted a photo of the paperwork they claim is from the dealer for the Sonata in question. Buyer beware,” says one. “When submitting my application online, the out the door number was $32,207 with GAP. “Buyers beware.

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