Gettel Total Loss (GAP) Protection Plan | Sarasota FL | Near Venice

Gettel Total Loss (GAP) Protection Plan

Gettel Total Loss (GAP) Protection Plan in Sarasota, Gainesville, Ocala, Bradenton & Punta Gorda

If you're purchasing a new vehicle or a relatively new used one, you may end up owing more on the car than it's actually worth after some time passes. That's because depreciation and other factors lower the value of your vehicle, causing a gap between what your vehicle is worth and the amount you still owe with your car loan. So, if you happen to get into an accident or your car is stolen, you could be left making up this difference yourself.

Two Options^

GAP*

Gap does not waive your insurance deductible.

GAP PLUS (GPP)*

Gap Plus (GPP) waives your insurance deductible up to a maximum of $1,000. It is included in the calculation to determine the amount waived.

  • Available for new and used vehicles valued or financed up to $100,000
  • Depending on the option you choose, may waive up to $1,000 of your insurance deductible
  • Maximum amount that may be waived is the lesser of $50,000 or the amount actually owed on the retail installment sales contract/lease agreement as of the date of loss

If you're looking to purchase extra protection for your vehicle, stop by any of our dealerships to talk to our friendly and helpful staff. We look forward to serving customers near Gettel Hyundai of Sarasota in Sarasota, FL near Venice and surrounding areas.

*Both options may not be available in all states.
^Claims must be submitted within 90 days of auto insurance company settlement or date of loss if no insurance exists. Upon refinancing, the contract will terminate. A refund will be made within 90 days only upon written request by the customer. This information is intended to provide only an outline of the terms and conditions of the Total Loss Protection Plan described in this brochure and should not be relied upon at the time of purchase or lease of your vehicle. For exact terms and conditions, please review the Total Loss Protection contract itself. Ask your salesperson or Finance Manager for the Total Loss Protection/Gap option you prefer.