Should You Buy Gap Insurance [TRUSTED]

Consider gap insurance if any of the following apply to your financing or vehicle choice:

: Your repayment period is 60 months or longer . should you buy gap insurance

: If your car is stolen or totaled, standard comprehensive insurance only pays the current market value. Consider gap insurance if any of the following

Guaranteed Asset Protection (GAP) insurance covers the "gap" between your car's and your outstanding loan or lease balance . should you buy gap insurance

: You bought a luxury vehicle or a model known for losing value quickly.