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Gap Insurance Refused To Pay BMW Owner $19,000 Over 60 Cent Clerical Error

Carscoops

A man in Arizona says that his gap insurance denied his claim due to a 60-cent clerical error during the initial purchase. Standard car insurance, like collision and comprehensive coverage, will pay you the car’s current market value if it’s totaled in an accident or stolen. That’s where gap insurance comes in.

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Negative equity in car – cover with down payment or use for newer vehicle?

Shawn Ryder

If you’re considering whether to apply your down payment toward covering negative equity or if you should use it for a newer vehicle, it’s essential to understand the implications of each choice. These losses can sometimes outpace the rate at which car owners pay down their loan balances.

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Used-Car Manager Loses It, Attacks Film Crew Over $1,500 Non-Refundable Test Drive Deposit

Carscoops

As the finance manager, he reportedly took cash down payments and funneled them into three credit cards not registered in his name. They put fraudulent info on my insurance that wasn’t there consent they didn’t have the right person on the insurance or the paper work. star rating. Do not go to dealership.”

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Media post: 7 Tips to Choose a New Family Car for 2024

Best Selling Cars Blog

Insurance considerations are equally important. Different car models and makes come with varying insurance premiums. Consider the insurance cost before making a final decision, as this will be a recurring expense. This involves understanding the impact of credit score and the various down payment options available.

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Is GAP insurance required for a new 2025 Honda HRV?

Shawn Ryder

As a new car owner considering purchasing a 2025 Honda HR-V, you might be facing numerous questions regarding insurance options. One of the critical aspects of vehicle coverage is GAP insurance. GAP insurance, which stands for Guaranteed Asset Protection, plays a significant role in the event of a total loss of your vehicle.

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Media post: How Much are Used Cars Ownership Costs in Austin in 2024

Best Selling Cars Blog

These are the insurance cost, fuels, repairs, taxes, and depreciation. Insurance Car insurance is mandatory by the law and forms a pretty significant portion of the overall ownership cost. The average premium that is paid for car insurance in Austin on a used car is in the range of $1,200–$1,500 annually. per gallon.

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

Carscoops

However, that low price comes with a catch: it requires a hefty down payment (which we don’t recommend—more on that below), bringing the real monthly cost closer to $238. Prospective buyers should keep in mind that putting cash down on a lease is generally not advisable. Oh, and it’s only available in Denver.