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**Important** GAP Insurance

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Old Sep 22, 2001 | 09:04 PM
  #1  
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**Important** GAP Insurance

I would like to express to people how important this insurance is to get. When our 2000 Max was totaled in May 2001, we owed more money than the insurance company was going to pay. Even though the car was in immaculate condition with less than 15,000 miles, they only offered 22,900. The $120.00 one time payment for GAP insurance took care of $7000 left on the loan for the car. Please. Whether you go through a credit union or use the dealership finance department, purchase this insurance.

Stefnee
Old Sep 22, 2001 | 09:26 PM
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Re: **Important** GAP Insurance

what the hell did u hit.
Old Sep 22, 2001 | 09:33 PM
  #3  
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Geez...looks like kingkong didn't like your car or something...
Old Sep 23, 2001 | 01:25 PM
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Holy S....I assume no one was in the car at the time?
Old Sep 23, 2001 | 04:40 PM
  #5  
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are you selling any of them good parts on that pile of scrap metal
Old Sep 23, 2001 | 05:54 PM
  #6  
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Answers

Thanks for the concern....
It was a head-on collison, one person in the Max (00 SE Loaded). Would have loved to keep the rims, but the insurance company said we would have to replace them with another set. YOu can't tell in the pictures but only one rim was damaged. We now have a 01 20th AE Super Black "Fully Loaded".
Old Sep 23, 2001 | 06:08 PM
  #7  
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WOW!

Firs of all, I am glad you survived that collision! Second the insurance coverage is called "lease/loan gap coverage." He is right, the coverage costs no more than about $100 and is well worth it if you lease, or have a loan on the car.

Good luck!

SHUMAX
Old Sep 23, 2001 | 06:16 PM
  #8  
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do you get this thru whoever has financed your vehicle? This is the first I am ever hearing about it.
Old Sep 23, 2001 | 06:20 PM
  #9  
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no-no...

Get it through your insurance company!
Old Sep 23, 2001 | 07:17 PM
  #10  
Ramius83
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OMG, That is a horrible wreck, I can't believe that anyone could have lived through that. WOW, That is good to know though that if you get into an accident like that in a Max, you can live. Glad to hear that you are OK, thanks for the advice.
Old Sep 23, 2001 | 08:57 PM
  #11  
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gap insurance is usually included in the car deal

when I bought my last two nissans, the finance officer insisted I buy that gap insurance. I objected at first thinking it was another add-on sale they make. But after a long argument and explaination, I went for it.

While we're on dealer subject, fyi, the warranty services they sell you have a lot of "margin". I have "beat em up" to the point where they sell me the extended warranty at almost half their original asking price.

Any how, glad you are safe, and thanks for the heads up info.
Old Sep 23, 2001 | 09:10 PM
  #12  
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Holly crap!!!

How did they even tow that car to the yard?
Old Sep 24, 2001 | 12:30 PM
  #13  
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Pictures

When we went to get our new max, the saleman we deal with was in the process of selling a used 00 Max SE Green just like our old one. He showed the pictures to the people who wanted to get the car. They bought it. The main impact was to the drivers side. All air bags deployed except the passenger side airbag. And if you don't already. WEAR YOUR SEAT BELT.

Stefnee :-)

Originally posted by Ramius83
OMG, That is a horrible wreck, I can't believe that anyone could have lived through that. WOW, That is good to know though that if you get into an accident like that in a Max, you can live. Glad to hear that you are OK, thanks for the advice.
Old Sep 24, 2001 | 12:43 PM
  #14  
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I have GAP coverage and mine cost about $280 ($5 added to my monthly payment). The coverage is also provided through who I have my loan through. Not my insurance company.
Old Sep 24, 2001 | 12:49 PM
  #15  
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Hmmmm, so I take it that was a salvage title ... how long did it take them to do the body work?

LMFAO
Old Sep 24, 2001 | 12:58 PM
  #16  
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Originally posted by Sarah99GXE
I have GAP coverage and mine cost about $280 ($5 added to my monthly payment). The coverage is also provided through who I have my loan through. Not my insurance company. Hence the insurance company pays off what they think the car is worth, and my loan company pays off the remainder of my loan.
Oops this was supposed to be an edit of my prior post
Old Sep 24, 2001 | 02:37 PM
  #17  
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Looks like you were testing 0 - 60 times...

off of a cliff.

SuDZ
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