GAP insurance

[EdT]

Trying to get head around whether this IS a good idea vs our BMW salesman trying it on?
As far as he's concerns it's a no brainer.
What does PH think??

[E36Dan]

He benefits from you having it, but it's your choice.

[syl]

If you decide you want it, you can almost certainly get it cheaper elsewhere.

Some insurance companies will replace a car with a new one if written off in the first two years (eg NFU) . Do you really need GAP if you have that?

[Dog Star]

Don't buy it off your supplying dealer.
Go to someone like ALA (see the stickies in General Gassing) or Questor etc.
You will get it for a fraction of the price.

[TooMany2cvs]

Benefit to him selling it: Commission
Benefit to you buying it: Potential to avoid large loss if car written off.
Benefit to you buying it from him: Probably a much larger bill than buying it from elsewhere...

[anonymous-user]

Dealer prices are massively overinflated for these policies. As above, definitely look for a quote elsewhere if you want it.

Salespeople will give you the hard sell on these as they make more commission these days from the bullst add-ons like GAP and alloy wheel cover than from selling the cars.