
Thank you for taking the time to visit Coast2Coast Cars
Our aim is to provide you with your new UK franchised dealer supplied car at the best possible price with competitive finance if required. Please feel free to use our no obligation online vehicle quoting system to obtain a complete on the road price with no hidden extras. Or, if you would prefer, just telephone us for a quotation.
We all know some one who has lost big money on a car. All cars lose value as they get older. Depreciation is a fact of life… or is it?
Depreciation is exactly what Return to Invoice Gap Insurance protects you from.
| Vehicle Cost | £18,000 |
| Motor Insurance Settlement | £11,000 |
| GAP INSURANCE pay-out | £7,000 |
Guaranteed Asset Protection (GAP) insurance - gives you added protection if your car is written off.
Return to Invoice Gap Insurance is great cover for new and used cars and whether you paid cash or borrowed the money from a Bank or Motor Loan or even have chosen a Contract Hire or Lease Agreement.
This Gap Insurance pays the difference between the pre-accident, or theft, depreciated value offered by your Motor Insurance and the original amount you paid for your car - which means you are guaranteed to get back the original purchase price in full.
Your motor insurance usually only covers your car's pre-accident, or theft, depreciated value. This can be a whole lot less than its actual retail value.
Take a moment to think about this. From the second you start driving your car its value is depreciating.
So whether you paid cash, borrowed the money for your new car or took out a lease or contract hire you could be seriously out of pocket if your car is a "Total Loss"
Unless of course you have the benefit of Return to Invoice Gap Insurance!
WHAT IS A VEHICLE TOTAL LOSS? When an insured person has claimed under their comprehensive motor insurance policy and the claim has been settled, with the vehicle forfeited and a total loss payment made.
