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. GAP stands for Guaranteed Asset Protection.

Gap Insurance 52

Gap Insurance Insurance Finance Term 52

AutoSuccessOnline

NOVEMBER 1, 2024

The CFPB has been intensifying its efforts to combat what it terms “junk fees” across various financial products and services, including those in the automotive industry. In the automotive sector, this scrutiny has extended to GAP insurance and various aftermarket products.

Gap Insurance 52

Gap Insurance Insurance Finance Term 52

AutoSuccessOnline

SEPTEMBER 6, 2024

The key inflationary impacts to vehicle ownership include purchase prices, interest rates, maintenance, repairs, insurance and fuel costs. Insurance Costs : Auto insurance premiums have soared, with Bankrate noting an average cost of $200 per month. This represents about 16% of the median household income.

Gap Insurance 98

Gap Insurance Insurance Repairing Finance 98

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 73

Gap Insurance Insurance Repairing Retail 73

Shawn Ryder

JANUARY 18, 2025

This blog post will delve into the essentials of lease agreements and gap insurance, offering insights on why they matter and how they can protect you financially during your leasing experience. Leasing a vehicle involves an agreement where you pay for the use of a vehicle over a specified term, usually between 2 to 5 years.

Gap Insurance 52

Gap Insurance Insurance Lease Payment Lessee 52

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.

Gap Insurance 40

Gap Insurance Term Extended Warranty Insurance 40

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.

Down Payment 52

Down Payment Gap Insurance Fair Market Value Insurance 52

Motor Trader

OCTOBER 14, 2024

The first range of insurance products to launch are Lease GAP, Cosmetic, Alloy, and Tyre. From November, every customer who leases a vehicle with Select will automatically receive 30 days free GAP Insurance. Alloy Insurance begins at £6.50 per month and covers the cost of repairs to damaged rims.

Gap Insurance 59

Gap Insurance Insurance Repairing Manufacturing 59

Shawn Ryder

JANUARY 17, 2025

Understanding Prepayment Penalties Prepayment penalties are fees that lenders may charge borrowers for paying off a loan earlier than the agreed-upon term. Loan Agreement Terms: Not all loans come with prepayment penalties, so it is crucial to read and understand your loan agreement thoroughly.

Prepayment Penalties 52

Prepayment Penalties Gap Insurance Down Payment Banking 52

AutoSuccessOnline

OCTOBER 30, 2024

3 The increase in maintenance costs, coupled with rising insurance premiums and fuel prices, has put additional strain on consumers’ budgets. Sources [link] [link] [link] [link] The post The Affordability Challenge: How Dealers Can Help Customers Keep Long-Term Interests in Mind appeared first on AutoSuccessOnline.

Term 40

Term Customer Gap Insurance Repairing 40

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. But it doesn’t stop there. F&I managers are negotiators extraordinaire.

Gap Insurance 52

Gap Insurance Extended Warranty Insurance Finance 52

Autosoft

APRIL 11, 2024

Reading Time: 5 minutes 10 Ways to Unleash the Potential of Your Dealership’s F&I Department April 11, 2024 Within automotive sales, the Finance and Insurance (F&I) department holds a crucial position, impacting both profitability and customer satisfaction.

Insurance 52

Insurance Gap Insurance Finance Extended Warranty 52

Autosoft

MARCH 25, 2024

Unleashing the Potential of Your Dealership’s F&I Department March 25, 2024 Bryce Veon 7 mins read Within automotive sales, the Finance and Insurance (F&I) department holds a crucial position, impacting both profitability and customer satisfaction.

Insurance 52

Insurance Gap Insurance Finance Extended Warranty 52

Shawn Ryder

JANUARY 17, 2025

The nature of this choice profoundly influences your financial situation, driving experience, and long-term ownership. Maintenance and Warranty Benefits Most leased vehicles are new and under warranty: Covered Repairs: Maintenance and repair costs are often covered, allowing for worry-free driving during the lease term.

Gap Insurance 52

Gap Insurance Repairing Modification Lessee 52

Shawn Ryder

MARCH 12, 2024

In this blog post, we will dissect the components of a car deal, shedding light on hidden fees, demystifying financing terms, and emphasizing the importance of reading the fine print to empower consumers to make informed decisions when buying a vehicle. Another aspect to consider is the cost of financing.

Finance 40

Finance Deal Gap Insurance Extended Warranty 40

Turbo Marketing Solutions

JUNE 13, 2024

Understanding lead generation is vital for car dealerships as it forms the foundation of their customer acquisition strategy and plays a pivotal role in driving sales and fostering long-term customer relationships.

Sales 52

Sales Dealerships Marketing Insurance 52

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.

Gap Insurance 52

Gap Insurance Extended Warranty Finance Insurance 52