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15 Oct 20, 06:58 PM |
#1
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Very Serious Dibber
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GAP Insurance
I’m taking out a three year personal lease on a new car. Should I get GAP insurance or is it unnecessary?
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1995 Days Inn MG West 1997 Villa Kissimmee 1998 EconoLodge 1999 Cypress Pointe 2000 Hampton Inn 2001 Indian Point 2007 Indian Ridge 2008 Highland Reserve 2010 Florida Pines 2012 Calabay Parc 2013 Dibb Villa Sunridge Woods 2014 Dibb Villa Sunset Lakes 2015 Sunset Lakes 2016 Windsor Palms 2018 Clear Creek 2019 Dibb Villa High Grove |
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15 Oct 20, 07:06 PM |
#2
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Imagineer
Join Date: Feb 13
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It is like all insurance - great and well worth it if you ever need it. But if you dont, it isnt worth it. But you dont know.
I took a third party gap insurance when my OH got her X1. The company went bust after about 18 months (we got a proportion of the money back). |
15 Oct 20, 07:11 PM |
#3
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Imagineer
Join Date: Mar 08
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I have Gap on my lease car. it would cover the finance I am contracted to pay until the lease finishes.
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15 Oct 20, 07:17 PM |
#4
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Imagineer
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I had Gap insurance when i bought my car from new. I never used it but would definatley have it again, especially with the amount of cars thst get pinched/stripped at the moment.
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15 Oct 20, 07:20 PM |
#5
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Very Serious Dibber
Join Date: Jan 12
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For a new car, in the first year is it not normal for the insurance to replace with new car in the case of a write off ?
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15 Oct 20, 07:27 PM |
#6
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Imagineer
Join Date: Jul 12
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We always get it with a new car.
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15 Oct 20, 07:29 PM |
#7
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Imagineer
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We got it from a 3rd party when we bought an expensive car. Said car was written off so we got back what we paid. So glad we did it as we got about £8000 more than we would have
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15 Oct 20, 07:32 PM |
#8
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Imagineer
Join Date: Jul 14
Location: The Tiki Room.
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If anybody does want it then go with a 3rd party not the Dealer. Another thing they get commission on.
Monstrous difference in price.
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"PAGING MR MORROW, MR TOM MORROW..." ''I drink Wine and know things'' DVC Owners at SSR since 2003. Multiple annual visits to America since 1976 |
15 Oct 20, 07:36 PM |
#9
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Imagineer
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Have just got a new car from Honda they wanted over £300 but it is half that with a third party.
They also offered bodywork protection for around the same price but I'm researching ceramic coating for around the same.
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2004 - 2014 WDW 2016 - 2019 WDW |
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15 Oct 20, 07:40 PM |
#10
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Imagineer
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