smallfry wrote:
GAP is best described as the insurance company will pay the balance of the loan off if your wife or girlfriend totals the car. LOL.
Hey, now. Or son or DH or BF or...
Gap insurance will pay off the loan even if you've gone upside down on the value of the car, which on a new car without a large down payment happens the moment you drive off the lot.
Liz Pulliam Weston on gap insurance