New Contributor
Posts: 72
Registered: ‎11-19-2012
Re: Should I keep GAP insurance?

Wholesale value on your car is around 8k-9k so i would say keep it, but compare the price of it through your insurance company to the price you would get back.  Chances are its cheaper through your car insurance because you can pay monthly on it and then cancel once you have reached a point when you have equity in the car.