Motor Trader

JULY 24, 2024

His return will include filling the gap left by traditional GAP insurance by providing dealers with the knowledge to inform their comprehensive warranty plans. Duxbury began his career at Warrantywise as a dealer account manager and eventually a field sales manager.

Gap Insurance 105

Gap Insurance Sales Insurance Management 105

Motor Trader

APRIL 2, 2024

The Financial Conduct Authority is looking at historical arrangements for motor finance commission while taking a separate look at the GAP insurance market.

Finance 59

Finance Gap Insurance Insurance Customer 59

Carscoops

JUNE 22, 2024

” More: Gap Insurance Refused To Pay BMW Owner $19,000 Over 60 Cent Clerical Error On top of making claims about an alleged defect, the lawsuit suggests BMW is actively trying to conceal the problem.

Repairing 131

Repairing Gap Insurance Electronics Insurance 131

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.

Term 40

Term Gap Insurance Dealerships Extended Warranty 40

AutoSuccessOnline

AUGUST 12, 2024

Traditionally, F&I products such as Guaranteed Asset Protection (GAP) insurance, ancillary products and vehicle service contracts have been tailored to the needs of gasoline-powered vehicles. GAP Insurance: Depreciation is an inevitable reality of vehicle ownership, and gasoline and hybrid-powered vehicles are no exception.

Gap Insurance 40

Gap Insurance Insurance Dealerships Repairing 40

Carscoops

MAY 14, 2024

She claims that Progressive and USAA have harmed automakers by lowering the market value of their used vehicles, repair shops that miss out on work, car loan institutions whose customers cannot pay their loans after being underpaid, and gap insurance providers, who must make up the difference between an outstanding loan and an undervalued amount.

Insurance 109

Insurance Gap Insurance Repairing Customer 109

Canadian Auto Dealer

JUNE 3, 2024

Instead, the data suggests that they prioritize immediate, practical benefits such as theft protection and GAP insurance with 23 per cent and 26 per cent of Gen Z buyers choosing these options, respectively. This shift highlights a trend towards more immediate, value-driven purchasing decisions.

Sales 52

Sales Demographic Gap Insurance Insurance 52

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. Product knowledge is power here. But it doesn’t stop there. F&I managers are negotiators extraordinaire.

Gap Insurance 52

Gap Insurance Extended Warranty Management Insurance 52

Canadian Auto Dealer

MARCH 1, 2024

Similarly, the advanced technology and higher cost of EVs creates greater opportunity for products like GAP protection. With EVs being more expensive to finance and replace, coupled with the cost of their batteries and the plethora of tech they house, GAP insurance becomes a no-brainer.

Gap Insurance 52

Gap Insurance Finance Extended Warranty Insurance 52

Carscoops

MAY 26, 2024

. “When submitting my application online, the out the door number was $32,207 with GAP. However, when I got the buyers order, the out the door number was $34,488.80, without GAP insurance. With a $2,500 down payment, I was only planning on financing $29,707.

Addendum 117

Addendum Finance Gap Insurance Pre-Qualify 117

Shawn Ryder

MARCH 12, 2024

These additional products can include extended warranties, maintenance plans, GAP insurance, and more. Service Contracts and Add-Ons Coverage for service contracts and add-ons is another crucial aspect of the fine print that car buyers should pay close attention to.

Finance 40

Finance Deal Gap Insurance Extended Warranty 40

Autosoft

APRIL 11, 2024

From extended warranties to gap insurance, providing a comprehensive range allows customers to customize their purchases. Optimize Product Offerings A crucial aspect of F&I’s success involves offering a diverse array of products tailored to meet customers’ varying needs.

Dealerships 52

Dealerships Insurance Finance Gap Insurance 52

Autosoft

MARCH 25, 2024

From extended warranties to gap insurance, providing a comprehensive range allows customers to customize their purchases. Optimize Product Offerings A crucial aspect of F&I’s success involves offering a diverse array of products tailored to meet customers’ varying needs.

Insurance 52

Insurance Finance Dealerships Gap Insurance 52

Turbo Marketing Solutions

JUNE 13, 2024

Furthermore, addressing common questions such as the benefits of extended warranties or gap insurance through informative content can empower potential buyers to make well-informed decisions while building trust in your dealership's expertise.

Dealerships 52

Dealerships Marketing Sales Buyer 52

Autocar

JUNE 28, 2024

Assuming a provider would consider it, taking out GAP insurance to cover any shortfall between what an insurer is prepared to pay for an Ocean in the event that it is written off – highly likely in the circumstances – and what it cost would seem sensible. We continue to monitor the situation.”

Insurance 125

Insurance Gap Insurance Finance Repairing 125