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Help hashing out new car contract lingo -
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<blockquote data-quote="keista" data-source="post: 446961" data-attributes="member: 11965"><p>When I bought my newest used car years ago, GAP insurance was NOT an option. They just put it on. It did not replace the car, but paid off the difference between what insurance paid and the balance of the loan, if the car were to get totaled. Car loans are almost always 'upside down' and the GAP protects you for that. YES, I think it's worth it even though we could have used it but didnt' because we rolled the car loan into our home refinance 15 months BEFORE it was totaled. GRRRRRRRRRRRRR Yes, i would still get it again without batting an eyelash.</p><p></p><p> </p><p></p><p>Ah, the remaining factory warranty is supposed to do that. Kia warranties are usually 10 year, 100,000 mile, so there is plenty of warranty left on this vehicle. AAA even at the most premium membership won't hit the 2K mark for 16 years. Stick with AAA and bag the Coast Guard stuff.</p></blockquote><p></p>
[QUOTE="keista, post: 446961, member: 11965"] When I bought my newest used car years ago, GAP insurance was NOT an option. They just put it on. It did not replace the car, but paid off the difference between what insurance paid and the balance of the loan, if the car were to get totaled. Car loans are almost always 'upside down' and the GAP protects you for that. YES, I think it's worth it even though we could have used it but didnt' because we rolled the car loan into our home refinance 15 months BEFORE it was totaled. GRRRRRRRRRRRRR Yes, i would still get it again without batting an eyelash. Ah, the remaining factory warranty is supposed to do that. Kia warranties are usually 10 year, 100,000 mile, so there is plenty of warranty left on this vehicle. AAA even at the most premium membership won't hit the 2K mark for 16 years. Stick with AAA and bag the Coast Guard stuff. [/QUOTE]
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Help hashing out new car contract lingo -
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