On average, the typical new car loses 11% of its value the second you drive it off the lot.* And, if your vehicle is totaled or stolen and not recovered, your standard auto insurance policy may not cover the remaining balance of your auto loan, leaving you with a balance on a vehicle you can no longer drive.
A totaled car does not have to be a total loss when you have GAP Advantage with PowerBuy™**. GAP Advantage with PowerBuy™ can cover the remaining balance of your loan after an insurance payment and provide you with additional funds to finance your next vehicle with us.
You need more than a standard auto insurance policy to fully protect your investment.
Speak to one of our representatives to find out how you can add GAP Advantage with PowerBuy to your next or existing auto loan.
How It Works
WITHOUT GAP ADVANTAGE WITH POWERBUY
Your auto investment may not be covered.
WITH GAP ADVANTAGE WITH POWERBUY
Your auto investment is covered, along with money for a replacement vehicle.
GAP Advantage with PowerBuy is available for most new and used personal vehicles.