Buyer Finance Gap Insurance 
Autocar
NOVEMBER 11, 2024
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 ‘F&I’ (including GAP insurance). The figures, which included its US operations, show that finance and insurance generated 3.1%
Carscoops
JANUARY 9, 2025
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. All 2024 ID.4
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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?
Shawn Ryder
JANUARY 25, 2025
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.
Shawn Ryder
JANUARY 17, 2025
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?
Autocar
NOVEMBER 18, 2024
The lower-margin business of new car sales has traditionally been supplemented by aftersales, finance and insurance Dealers are facing a profit-margin squeeze from the double whammy of the transition to EVs threatening their lucrative aftersales business and a legal clampdown curtailing profitable commissions for selling finance and insurance (F&I).
Autocar
JUNE 28, 2024
The owner dilemma Remarkably, throughout this turbulent period, UK car buyers have continued to purchase new and used Oceans. A drop in the Ocean A PCP is the safest way to finance an Ocean, given that it guarantees a vehicle’s future value. Among the online clubs supporting the model is Fisker Ocean Owners UK.
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