Gap Insurance At Select Used Cars
When navigating the financing process, you're confronted with many important decisions, including whether to extend the standard warranty coverage with additional protection plans. An equally important product is Total Loss Protection, commonly known as gap insurance. This covers the difference between what you still owe on your car loan and what the insurance provider pays out if your vehicle is stolen or deemed a total loss. If you know you'll need a loan to buy the perfect used vehicle, you'll want to consider gap insurance.
Nobody wants to think about getting into a car accident, but it does happen - and that's why you want to consider investing in gap coverage. The difference between your loan balance and the insurance company payout can be several thousands of dollars!
When you make a purchase, our finance experts will guide you through your gap insurance options. All details will be reviewed with you before driving off the lot with the vehicle of your choice. Depending on how much money you're willing to put down, and the length of your used car loan, gap insurance may be recommended. At this point, you will have the option to add this on to the total price of your car, and build it into your financing. Our finance team will be there to answer any additional questions you may have.