If your vehicle is damage beyond repair
or stolen, auto insurance coverage may not pay everything you owe on the
vehicle. Insurance typically pays the vehicle's actual cash value rather
than the amount remaining on your loan, which could leave a financial GAP
of thousands of dollars. This can happen when your loan payments are not
enough to keep up with the depreciation of your vehicle.
GAP coverage will give you the peace of mind to enjoy your vehicle during that
crucial time when the actual cash value of your vehicle is less than your loan
balance.
GAP BENEFITS:
- One
time low cost makes GAP affordable.
- Convenient
since GAP is sold in conjunction with vehicle purchase.
- GAP
is provided for the entire term of your loan.
Contact Feldmann Imports Finance department for additional information 952-837-6300.