Shawn Ryder

FEBRUARY 14, 2024

If you’re still paying off a vehicle loan, there’s a chance that the insurance payout might not cover the full amount you owe. This is where Guaranteed Asset Protection (GAP) insurance comes into play, providing crucial financial coverage to bridge this gap. What Is GAP Insurance?

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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.

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Shawn Ryder

JANUARY 21, 2024

What is GAP Insurance? If you’re thinking about buying a car, you may have come across the term “GAP Insurance” But what exactly is it? This is where GAP Insurance comes in. GAP stands for Guaranteed Asset Protection. Why Do You Need GAP Insurance?

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Shawn Ryder

FEBRUARY 7, 2024

When you’re dealing with car dealerships, whether buying a new car or getting service on your existing vehicle, you might encounter several terms that aren’t immediately clear. F&I (Finance and Insurance) A department within a dealership responsible for arranging financing and insurance for customers purchasing vehicles.

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AutoSuccessOnline

SEPTEMBER 6, 2024

Higher rates lead to increased monthly payments, making vehicle financing more challenging. Guaranteed Asset Protection (GAP) Insurance : GAP insurance is essential in an inflationary environment. Consumers are holding onto their cars longer, reducing the availability of used vehicles for sale. for used car loans.

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Shawn Ryder

MARCH 12, 2024

Understanding the various fees, financing options, and scrutinizing the fine print can make a significant difference in the outcome of a car deal. Financing Fundamentals Loan Approval Process If you’re considering financing a car purchase, understanding the loan approval process is crucial.

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Canadian Auto Dealer

MARCH 1, 2024

EVs typically come with price tags that are thousands of dollars more than traditional vehicles, and this price increase could translate into more opportunity to pick up lender finance reserves. In terms of vehicle service contracts (VSCs), the narrative is also evolving.

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