AutoSuccessOnline

SEPTEMBER 6, 2024

Let’s explore the factors driving inflation in the automotive market and discuss strategies for dealers to support their customers through these difficult economic conditions. The key inflationary impacts to vehicle ownership include purchase prices, interest rates, maintenance, repairs, insurance and fuel costs.

Gap Insurance 98

Gap Insurance Repairing Insurance Finance 98

Carscoops

MAY 14, 2024

In her lawsuit, she claims that the insurers deliberately lowballed consumers so that it wouldn’t have to pay for repairs, and could recoup money at the scrap auction. “When an insurance company underpays its customers for a totaled vehicle … That can lead to job losses and even homelessness.”

Insurance 109

Insurance Gap Insurance Repairing Customer 109

AutoSuccessOnline

AUGUST 12, 2024

Traditionally, F&I products such as Guaranteed Asset Protection (GAP) insurance, ancillary products and vehicle service contracts have been tailored to the needs of gasoline-powered vehicles. Offering VSCs provides customers with extended coverage beyond the manufacturer’s warranty, safeguarding against costly repairs.

Gap Insurance 40

Gap Insurance Insurance Dealerships Repairing 40

Shawn Ryder

FEBRUARY 7, 2024

F&I (Finance and Insurance) A department within a dealership responsible for arranging financing and insurance for customers purchasing vehicles. The F&I manager will also offer additional products such as extended warranties and GAP insurance.

Term 40

Term Gap Insurance Dealerships Extended Warranty 40

Carscoops

MAY 26, 2024

The website explicitly says “No Dealer Add Ons Ever” Some car dealers will say anything, even stretching the truth, to get customers in the door. It includes features like lost-key replacement, fabric repair, windshield repair, and roadside assistance. The additional costs largely come from junk fees.

Addendum 117

Addendum Finance Gap Insurance Pre-Qualify 117

Autocar

JUNE 28, 2024

Assuming a provider would consider it, taking out GAP insurance to cover any shortfall between what an insurer is prepared to pay for an Ocean in the event that it is written off – highly likely in the circumstances – and what it cost would seem sensible. We continue to monitor the situation.” update two months ago.

Insurance 130

Insurance Gap Insurance Finance Repairing 130