GAP on year old
Author
Discussion

fourstardan

Original Poster:

6,159 posts

166 months

Tuesday 3rd October 2017
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Would you bother?

Its on a personal Loan.

Integroo

11,592 posts

107 months

Tuesday 3rd October 2017
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Probably not. How long is your personal loan? It may be that you will pay it off quicker than it will depreciate.

gazza5

845 posts

127 months

Tuesday 3rd October 2017
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depends on value of said car.

Gap can be quite cheap, for example the astra I got at a year old was 12k, lots around etc, paid about £78 for gap for 3 years, as felt at 3 years, worth around 4k ish possibly. For £78 took the punt, didn't need it in the end, but one of lifes choices!

Pica-Pica

15,908 posts

106 months

Tuesday 3rd October 2017
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Insurance companies often include GAP, check T&Cs.

fourstardan

Original Poster:

6,159 posts

166 months

Tuesday 3rd October 2017
quotequote all
I've paid 17.5k and list 25-28.

Done loan over 4 years.

I'll check with my insurance company what they'll cover first.

Dimebars

997 posts

116 months

Wednesday 4th October 2017
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Pica-Pica said:
Insurance companies often include GAP, check T&Cs.
I'm pretty sure they don't......

Many will offer a new replacement within the first 12 months if you're buying brand new. Not to be confused with a 3/4 year separate GAP policy

fourstardan

Original Poster:

6,159 posts

166 months

Thursday 5th October 2017
quotequote all
Dimebars said:
I'm pretty sure they don't......

Many will offer a new replacement within the first 12 months if you're buying brand new. Not to be confused with a 3/4 year separate GAP policy
Do 1 month in the car is written offskis, i've got a good price on this one, back to invoice puts me in a far better place so do I GAP?