I feel for them I always get gap life and disability insurance on all my loans.I work at a car dealership and you would be surprised how many folks dont know what gap is. when i explain the benefits of it alot them dont think that its worth while because they think an accident like this can happen to them or they are just to cheap to get it! My gap even pays my insurance deductible if something should happen!
this is what is starting to happen in the UK,I'll bet a phone was involved somehow, It is all i see now, people driving and looking at a phone
As others have said: it's not offered/doesn't make sense if you pay cash for your cars.Always get gap. I don't see why you wouldn't.
yep. I put $10K down. Financed the rest for 5 years, not 6.As others have said: it's not offered/doesn't make sense if you pay cash for your cars.
You should NEVER get GAP. If you do then that means you're making a bad financial move because as others have stated, you should never be upside down on a $40k car....you should have bought a cheaper car.Always get gap. I don't see why you wouldn't. The finance manager was trying to convince me to NOT get it. I've never heard of that. I almost walked because of that, actually.