Development Gap Insurance Term 
Shawn Ryder
JANUARY 17, 2025
When purchasing a new vehicle, it’s not uncommon to come across the term “negative equity.” Long Loan Terms: Extended loan periods often lead to slower paydown against the principal, increasing the chances that you’ll owe more than the vehicle is worth. This may lead to more favorable terms.
AutoSuccessOnline
OCTOBER 30, 2024
4 The Role of F&I Products in Addressing Affordability Concerns Given these challenges, F&I products have become more critical than ever in helping consumers manage the long-term costs of vehicle ownership.
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Canadian Auto Dealer
MARCH 30, 2024
To confidently present finance and insurance products, business managers must be well-versed in the intricacies of extended warranties, GAP insurance and more. They are tasked with finding the balance between securing the best financing terms for the dealership while ensuring that customers continue to be happy with their deal.
Autosoft
APRIL 11, 2024
From extended warranties to gap insurance, providing a comprehensive range allows customers to customize their purchases. Invest in Training and Development The effectiveness of the F&I department hinges on well-trained team members.
Autosoft
MARCH 25, 2024
From extended warranties to gap insurance, providing a comprehensive range allows customers to customize their purchases. Invest in Training and Development The effectiveness of the F&I department hinges on well-trained team members.
Canadian Auto Dealer
MARCH 1, 2024
Since residual values of EVs are not as predictable as those of conventional cars, we could see less favourable terms presenting new challenges around financing options. In terms of vehicle service contracts (VSCs), the narrative is also evolving.
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