Toyota Guaranteed Auto Protection
| Toyota Guaranteed Auto Protection
FILLING THE GAP
Guaranteed Auto Protection (GAP) will waive or pay the deficiency balance (minus certain fees and charges) between the amount still due on your finance or lease contract and your auto insurance settlement. In most states, GAP will cover your auto insurance deductible.
WHAT YOUR AUTO INSURANCE MAY PAY
You might assume that your physical damage auto insurance is sufficient to cover any losses related to your vehicle.
However, the standard auto insurance policy settlement is generally based on the market value of the vehicle at the time a claim is made.3 This difference is called the deficiency balance, which the vehicle owner is generally responsible for.
ASK YOUR FINANCE MANAGER TODAY
Ask your finance manager about GAP offered by Toyota Financial Services now because it’s only available from your White River Toyota at the time you purchase or lease an eligible new or used vehicle. For your convenience, the cost of GAP can be added to your finance or lease contract and included as a portion of your monthly payments (subject to credit approval). GAP is available in most states
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