ash_corsa
Member
Registered: 15th Apr 04
Location: Shrewsbury
User status: Offline
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The Mrs gets her new car this week and needs gap insurance, Vaux can do it for £349 return to invoice, but fount it online for a little over £100, anyone got any experience with it? Pros and cons etc..
Cheers
Ash
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Pop
Member
Registered: 8th May 03
Location: Reading
User status: Offline
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www.click4gap.co.uk
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ash_corsa
Member
Registered: 15th Apr 04
Location: Shrewsbury
User status: Offline
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Is this from personal experience, or just google?
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Jambo
Member
Registered: 8th Sep 01
Location: Maidenhead, Drives: VXR Arctic
User status: Offline
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Benefits of gap?
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John
Member
Registered: 30th Jun 03
User status: Offline
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I've never seen the point, I expect an equivalent car if I crash, not a brand new one.
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richc
Member
Registered: 24th Mar 07
Location: Ilkeston
User status: Offline
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Good if on finance tbh.
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John
Member
Registered: 30th Jun 03
User status: Offline
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Good if you are financed to your eyeballs actually, good point.
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Twiggy
Member
Registered: 15th Oct 04
User status: Offline
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quote:
Originally posted by Jambo
Benefits of gap?
If car written off and you are in neg equity they cover the "gap" or differance
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Pop
Member
Registered: 8th May 03
Location: Reading
User status: Offline
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quote:
Originally posted by ash_corsa
Is this from personal experience, or just google?
Sorry, forgot to reply. That is from personal experience. Not experience of claiming as thankfully I haven't ever crashed a car, but I do have my GAP cover with them.
The benefits of it are very good for what is essentially very little outlay.
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corb
Member
Registered: 24th Apr 02
Location: Calgary, Alberta, Canada
User status: Offline
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Write it off after two and half years and get all your money back, sounds like a pretty big benefit to me! Personally id buy it from the dealer
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Fro
Member
Registered: 20th Jun 06
Location: Rainham, Essex Drives: A3 2.0TDi Sport
User status: Offline
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Got it with my 3fiddy, obviously not used it yet 
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pow
Premium Member
Registered: 11th Sep 06
Location: Hazlemere, Buckinghamshire
User status: Offline
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I've got it on the Alfa, for an extra £100 a year for 3 years I get the value of the car back, even though it's not worth that anymore? Sounds pretty damn good to me!
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Adam_B
Member
Registered: 13th Dec 00
Location: Lancashire
User status: Offline
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Ive had it, worked well for me. Cost £300 and when i was involved in an accident the insurance payed out 3k less that the purchase price, gap paid the rest.
It wasnt easy though, they tried everything to get out of making up the full 3k, it took a year for me to get it.
edit - paid cash for it, no finance.
[Edited on 22-10-2010 by Adam_B]
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ash_corsa
Member
Registered: 15th Apr 04
Location: Shrewsbury
User status: Offline
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Thanks guys, will be paying cash for the car (private loan, not finance)
Definitely want it, as you kind of need it when buying brand new. The second you drive it away its worth less that the amount you owe.
Will see if Vauxhall will budge on it, if not il get it online i think.
Adam_B - who did you take yours out with mate? why was it such a ballache to claim? i thought its pretty clear - the Gap insurance pays the gap between insurers payout and invoice price of the car.
Thanks again
Ash
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Steve
Premium Member
Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
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quote:
Originally posted by Adam_B
Ive had it, worked well for me. Cost £300 and when i was involved in an accident the insurance payed out 3k less that the purchase price, gap paid the rest.
It wasnt easy though, they tried everything to get out of making up the full 3k, it took a year for me to get it.
edit - paid cash for it, no finance.
[Edited on 22-10-2010 by Adam_B]
how did they try and get out of it? surely if its a service you've paid for, a service infact with not many variables to actually argue the toss about, then surely its a cut and dry pay up 
not sure what exactly there is to argue
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