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When you DO or DON’T need Gap Insurance💰🚙

Your Car Buying Advocate

Gap insurance can be a smart option to consider when buying a car. This insurance helps pay off what you still owe if your car gets totaled, and the payout from the insurance doesn’t cover the full loan amount. You can always call your insurance agent when you leave to get a quote.

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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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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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Guide to the Common Dealership Terms When Buying A Car

Car Examer

Understanding these terms can help you feel more confident, negotiate better, and ultimately drive away with a great deal. Mileage Limit With a PCP deal, you’ll be given a mileage limit —the maximum number of miles you can drive each year. Book inspection 1.

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Based on CFPB Documented Consumer Complaints, Are Junk Fees Really in the Spotlight?

AutoSuccessOnline

This initiative has significant implications for Guaranteed Asset Protection (GAP) insurance and other aftermarket products commonly sold alongside vehicle purchases. In the automotive sector, this scrutiny has extended to GAP insurance and various aftermarket products.

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Sure, You Can Lease The Ariya For $99 A Month… If You’re Cool With Actually Paying $238

Carscoops

Nissan’s $99 Ariya lease deal requires $3,329 at signing and is only available in Denver. Electric vehicles have yet to reach price parity with traditional ICEs, but some seriously compelling lease deals are available for several EVs across the United States. 4 currently advertised from $410 per month.

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Dealers' margins squeezed by EV shift, greater consumer protection

Autocar

Many dealers now bundle EV servicing into a package deal with monthly payments. Sometimes other elements are bundled in to make the deal look appealing, for example AA membership from MG. Some firms were paying out as much as 70% of the value of insurance premiums in commissions, the FCA found.

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