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Old Apr 3, 2005 | 09:11 PM
  #11  
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That is very weird that your GXP didn't come with it?...

What does GAP insurance have to do with not having a gas door lock? I wouldn't buy a car (through a loan) without GAP insurance.
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Old Apr 4, 2005 | 11:59 AM
  #13  
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That really sucks.
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Old Apr 4, 2005 | 12:37 PM
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Originally Posted by swartlkk
That is very weird that your GXP didn't come with it?...

What does GAP insurance have to do with not having a gas door lock? I wouldn't buy a car (through a loan) without GAP insurance.
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Old Apr 4, 2005 | 08:38 PM
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Hate to ask a dumb question, but, what is GAP insurance?
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Old Apr 4, 2005 | 08:45 PM
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Originally Posted by malatu
Hate to ask a dumb question, but, what is GAP insurance?
x2
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Old Apr 4, 2005 | 08:50 PM
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Default Gap Insurance

Originally Posted by corvettecrazy
Originally Posted by malatu
Hate to ask a dumb question, but, what is GAP insurance?
x2

GAP Insurance would pay off the remaining balance of an auto loan if the car was totalled.
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Old Apr 4, 2005 | 08:55 PM
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so say you just bought a car and you have regular isurance and GAP. Then you total it.

does the GAP pay off the rest of the car and then you get the value of the car to get another one?
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Old Apr 4, 2005 | 09:00 PM
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Originally Posted by corvettecrazy
so say you just bought a car and you have regular isurance and GAP. Then you total it.

does the GAP pay off the rest of the car and then you get the value of the car to get another one?
Well generally speaking full insurance will cover the actual cash value of a vehicle. Which often times is less then what is owed on the loan. The GAP coverage pays off the difference of what is owed and what you were payed out. You can buy GAP coverage from the dealer, the bank, or your insurance company so in each instance it might differ somewhat, but that is generally how it works.
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Old Apr 4, 2005 | 09:01 PM
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thanks guys!
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