GAP InsuranceI
Is GAP insurance on a new car a good idea or just another rip off?
Date:Sun, 7 Aug 2005 11:16:55 +0100
Author:
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Re: GAP InsuranceI
"Peter" wrote in message
news:dd4n2v$ae6$1@news8.svr.pol.co.uk...
> Is GAP insurance on a new car a good idea or just another rip off?
Many insurances are new for old on a new car for the 1st 12 months....
Date:Sun, 07 Aug 2005 10:19:53 GMT
Author:
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Re: GAP InsuranceI
> Is GAP insurance on a new car a good idea or just another rip off?
My opinion? I think it may be worth it if you are a 'high risk' driver but
possibly not otherwise. I was offered it a few cars ago when I bought from
a dealer - the car was expensive, the finance (and charges) moreso so I
really didn't want to add to yet someone else making more money out of me!
I left it unpaid but I'm sure some people have made it worth the money - but
it only enables you to walk away from the finance - you'll not make any
profit from it.
Artie
Date:Sun, 07 Aug 2005 16:55:22 GMT
Author:
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Re: GAP InsuranceI
"Arturo Ui" wrote in message
news:_1rJe.12808$hc4.5778@newsfe6-win.ntli.net...
> > Is GAP insurance on a new car a good idea or just another rip off?
>
> My opinion? I think it may be worth it if you are a 'high risk' driver
but
> possibly not otherwise. I was offered it a few cars ago when I bought
from
> a dealer - the car was expensive, the finance (and charges) moreso so I
> really didn't want to add to yet someone else making more money out of me!
>
> I left it unpaid but I'm sure some people have made it worth the money -
but
> it only enables you to walk away from the finance
Not quite so, my girlfriend has GAP insurance a few years back she had a
Clio Y reg , unfortunately the car got written off, I was dubious about the
GAP insurance, she got back a good amount as she then purchased a 52 Corsa
without her original finance being affected.
Date:Mon, 08 Aug 2005 06:45:16 GMT
Author:
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Re: GAP InsuranceI
"Peter" wrote in message
news:dd4n2v$ae6$1@news8.svr.pol.co.uk...
> Is GAP insurance on a new car a good idea or just another rip off?
>
>
A friend of mine has worked in high levels in a good number of dealers and
car super markets. He's said to me that GAP isn't a bad thing in his view,
and he wasn't trying to rip off a mate coz he knows I wouldn't buy from any
of the places he's worked for! (unless it was from the traders yard).
Ben
Date:Tue, 09 Aug 2005 01:35:32 GMT
Author:
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