GAP insurance

I dont normally do GAP insurance on my new cars but seeing as this car is the most expensive one that ive purchased to date, I thought Id look into it.

Ive managed to get 3yrs of up to £20,000 return to invoice GAP insurance for £131 which I dont think is a bad deal, considering what the stealers would like to sell you that for. £44 a year is hard to turn your nose up at.

I got it from http://www.ala.co.uk who matched and beat a quote from http://www.gapinsurance123.co.uk

Thanks for the heads up stunt, I was quoted £499 by my dealer, I might go for the deal which you've mentioned above.

(16-10-2012 08:58pm)Rxa Wrote:  Thanks for the heads up stunt, I was quoted £499 by my dealer, I might go for the deal which you've mentioned above.

No brainer compared to £499.

I actually got the stealer down to £250 in the dealership but still rightly thought that was expensive

Return to Invoice is good, but did you look at Return to Value, there is a subtle difference, as in if the new car value increases by say £3k, you will still only go back to your lower invoice valuation.

(17-10-2012 08:37am)Evo-king Wrote:  Return to Invoice is good, but did you look at Return to Value, there is a subtle difference, as in if the new car value increases by say £3k, you will still only go back to your lower invoice valuation.

Yeh i did , return to invoice would do for me. Its all a gamble and none of us plan to right the car off

Several policies these days include Return-to-Value Gap for the first 12 months as standard, so in some cases it might be better value just taking separate gap insurance out for years 2 and 3.