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
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. GAP Insurance Insurance that covers the difference between the actual cash value of a vehicle and the balance still owed on financing.
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AutoSuccessOnline
AUGUST 12, 2024
Many buyers can also take advantage of the Federal Used Clean Vehicle Credit, providing an extra incentive for consumers to consider a used EV purchase 2. GAP Insurance: Depreciation is an inevitable reality of vehicle ownership, and gasoline and hybrid-powered vehicles are no exception.
Canadian Auto Dealer
JUNE 3, 2024
Overwhelm your customers and they buy less A December 2023 white paper by CDK Global sheds light on some evolving dynamics in automotive, particularly in the world of Finance and Insurance (F&I departments). Additionally, the white paper highlights how buyers perceive their interactions with business managers.
Canadian Auto Dealer
MARCH 1, 2024
In the cold weather climate that Canada offers to most of the country, the challenges for EV buyers and F&I offices take on additional dimensions. The reduced battery performance in colder temperatures can affect vehicle range and efficiency, influencing buyer decisions.
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.
Shawn Ryder
MARCH 12, 2024
Understanding Dealer Fees Delivery and Destination Fees On top of the sticker price of a vehicle, buyers may encounter additional costs known as delivery and destination fees. It’s crucial for buyers to understand what these fees entail and to question any charges that seem excessive.
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