marv-eleazer
Marv-Eleazer
marv-eleazer

My my my, Tom. You need to check your blood pressure. Customers don’t buy Service Contracts with the express intent of using them no more than they buy collision insurance determined to wreck their car in order to make certain they get their money’s worth.

Now I’m certain you wouldn’t advise a reader to ride without

27 years as a dealership finance professional. All GAP is not created equal. Some insurance companies have a time limit on GAP usually covering the first half of the note while others have limits on claims payout. Whereas most dealership GAP providers refund the customer deductible up to $1000, the insurance company

The Dealer provided GAP ends when the loan is paid off. As Steve pointed out, there is nothing left for the benefit of the GAP.