Gap Insurance - anyone used it ?

[Laidback]

Yes it's particulary important for buyers that finance the full amount of the car, and particulary important for those who roll some minus equity or a loss from the previous loan into their next loan. The reason is that clients will automatically be borrowing more than what the car is worth.

With wwwpomi.com.au you don't include the GAP onto your loan so you're not adding to the increase in amount financed that goes on top of the value of the car. Which is a big help and you don't pay interest on it either.

Good Luck

[Big Yellow]

i have gap insurance with mine, and a agreed value comprehensive cover.

can never be too safe, espeically in this economic climate.