Down Payment Gap Insurance Sales 
Carscoops
JUNE 8, 2024
A man in Arizona says that his gap insurance denied his claim due to a 60-cent clerical error during the initial purchase. That’s where gap insurance comes in. Gap insurance acts as a financial safety net. When his SUV was recently declared a total loss, he expected his gap coverage to kick in.
Carscoops
MAY 26, 2024
Today’s example of what appears to be that comes from Clay Cooley Hyundai of Mesquite who has a 2018 Sonata on sale. At the end of the sales page it has a disclaimer that says “Clay Cooley is not responsible for mispricing, typographical, data transmission, or any and all other errors that may appear on the site.
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Shawn Ryder
JANUARY 17, 2025
Were you considering financing for lower monthly payments or were you uncertain about cash flow? Lenders can sometimes lead to lower sales prices if you express financial security. Standard Coverage: Maintain comprehensive coverage that sufficiently protects your investment; understanding insurance policies is essential.
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. It’s often used as a starting point for negotiations.
Shawn Ryder
JANUARY 17, 2025
Buying: Purchasing a car involves paying the full sales price (or financing it) to own the vehicle outright. Stability in Payments: After the loan is paid off, you are left with no more monthly payments, which can enhance your financial freedom. Determine what aligns best with your needs and budget and proceed accordingly.
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