| It's called "the gap." It's the difference between the actual value of your vehicle and the balance on your finance agreement or lease at the time of a total loss. In the first several years of ownership, your vehicle may actually be worth less than you owe. |
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| If your vehicle were a total losss, this "gap" could translate into thousands of dollars that you would still owe after your insurance paid the actual cash value of your vehicle. Your GAP INSURANCE would cover the difference. |
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| Chances are good you need gap insurance if: |
- You purchased a new car and didn't have a down payment of at least 20%.
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- You're financing for more than four years.
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- You rolled debt from your last car into your current auto loan.
| Bridging the gap is easy: |
- Sign up for GAP when you apply for your vehicle loan.
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- There’s no underwriting, no red tape, no hassles.
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- The amount can be rolled into your monthly loan payment.
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- GAP is fully refundable if you cancel coverage within the first 90 days.
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- GAP insurance could save you thousands of dollars. Add Member’s Choice GAP today!
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| See you Sales and Leasing Consultant for more details . |
