Guaranteed Asset Protection - GAP
Life happens, and when it does, a Guaranteed Auto Protection (GAP) plan can be of great comfort. With a GAP plan in place, you may be able to make up the difference between the replacement cost of your vehicle and the amount owed in the case of an accident. A low cost GAP Protection plan can pay off your loan and assist with the purchase of a new vehicle.
Noble CU wants to help you protect your vehicle investment.
Did you know...
- The market value of your new vehicle starts to depreciate the moment you take possession.
- If your vehicle is totaled or stolen, your insurance usually does not cover the entire amount you owe on a loan.
- If a total loss occurs, you may have to pay a deductible, plus pay the difference, the GAP, between what you owe, and the actual cash value of your vehicle, from your pocket.
Buyers of new and pre-owned vehicles can obtain GAP protection that will pay off your loan and could assist with the purchase of a new vehicle. GAP plans are available through your credit union starting as low as $295 - saving you hundreds of dollars over other programs. Eligible vehicles include: automobiles, trucks, vans, motorcycles, recreational vehicles, and water vessels.
For more information please call (559) 252-5000.
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