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GUARANTEED ASSET PROGRAM (GAP) & All New GAP Plus
HAPPY HOUR GAP PLUS IS HERE
Get $1000 towards your customer next purchase
Our expansive GAP & GAP Plus programs and options for most dealers and vehicles – including rideshare and Tesla! DEARLER NETWORK SERVICE offers up to 150% LTV and coverage for up to 96 months! When considering aftermarket products to add in the F&I department, there are few as controversial as GAP insurance (guaranteed asset protection). Ask any F&I manager what is the hardest ‘sell’ to buyers and they will likely say this one. It can be a challenge but it really doesn’t have to be. Now you can offer your customer $1000.00 towards their down payment on their next purchase with GAP Plus.
Franchise Dealers
Loan to Value 125% to 150% MSRP
Loan and Lease Terms up to 96 Months
Amount Financed up $125.000
Deductible Coverage – Up to $1,000 (Primary insurance deductible)
Limit of Liability – $50,000 Per Payable Loss
BHPH Dealers
Loan to Value 125% MSRP
Loan and Lease Terms up to 60 Months
Amount Financed up $100.000
Deductible Coverage – Up to $1,000 (Primary insurance deductible)
Limit of Liability – $50,000 Per Payable Loss
Independent Dealers
Loan to Value 125% to 150% MSRP
Loan and Lease Terms up to 84 Months
Amount Financed up $100.000
Deductible Coverage – Up to $1,000 (Primary insurance deductible)
Limit of Liability – $50,000 Per Payable Loss
Additional Information
Salvage GAP – Dealer approval required
Heavy Duty Truck GAP – Class 5 & above/16,001 GVW & above
RV GAP – Non-Motorized Travel Trailers, Campers & Fifth Wheels:Total Amount Financed Up to $75,000)
RV GAP – Motorized Recreational Vehicles (2 Price Levels):Total Amount Financed Up to $150,000 and $150,001 to $250,000