GAP insurance covers the value you still owe on a new vehicle once you finance a new car. Before you drive off the dealership lot, you’ll want to make sure you get thorough coverage with GAP insurance coverage. Is GAP protection worth it? Find out at Land Rover Freeport whether this coverage makes sense for your car and your needs, and contact our finance center if you have any questions!
GAP insurance covers the difference between the cash value your car is worth and the amount that you still owe on the vehicle, whether you have an auto loan or lease. While it sounds like it’s called GAP insurance because it takes care of a “gap” in coverage, GAP actually stands for Guaranteed Asset Protection.
Is GAP protection worth it? If you are purchasing a new or certified pre-owned vehicle, most would agree that GAP insurance is indeed worth it. Below are some reasons why purchasing GAP insurance might be a good idea for you:
When it comes to purchasing GAP protection insurance in the Massapequa area, you have a couple of different options:
Before you head to your Freeport Land Rover dealership, use resources at Land Rover Freeport like our payment calculator to estimate your monthly payments. You can also check our list of rotating special offers to get a great deal on your next vehicle purchase!