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In response to
"is there a gap if they won’t let me take delivery until I have a policy in place?"
by
hollywood big shot
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By GAP - I mean the difference between what you pay for it and owe on it and the acv for it once you drive it off the lot. If you were to total it in
Posted by
JenBro
Jan 28 '22, 18:34
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an accident, you may owe more than insurance will pay and the GAP coverage picks that up.
Sometimes leases include it - some I have seen charge $500 or more than Pud it’s added to your financed purchase so there may be interest charged too.
For your car insurance to cover the same thing may only be an added $20-$40 - depending on the car value and cost for damage based on parts cost and damageability.
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