Is GAP Insurance Necessary?
When you are buying a new car, eventually the fair-market value of your vehicle is going to be lower than your car loan if you financed your vehicle. If you get into a serious accident right away, you will only receive money for the fair-market value from your insurance company.
We break down what gap insurance is & what you need to know when in a dealer’s office: https://t.co/Ct6pOeabvo
— Edmunds (@edmunds) February 2, 2017