Handy Toyota
39 South Main Street St. Albans, VT 05478Sales: (888) 352-5749
- Service: 888-594-1392
- Parts: 888-447-8961
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Toyota Guaranteed Auto Protection Program
Handy Toyota and Toyota Financial Services Presents
Guaranteed Auto Protection for New Toyota Vehicles
Guaranteed Auto Protection for New Toyota Vehicles
Guaranteed Auto Protection (GAP) is perhaps one of the most important options we offer for new Toyota vehicle purchases and Toyota leases at Handy Toyota in St. Albans, Vermont, brought to you by Toyota Financial Services (TFS), as it is one of the few things that is 100% beneficial to both you, the owner, and your new or leased Toyota vehicle both as a means of conveyance and as an investment.
GAP Insurance does one thing more than any other: it provides you with assurance that you new Toyota vehicle is not going to be lost because of any number of auto accident possibilities. The intrusion of the unexpected is something we can all do without, and GAP Insurance allows you to drive away from our 39 South Main Street Toyota dealership's lot with the peace of mind we all deserve.
Please use the following information for educational purposes and feel free to contact a Financial Manager today by submitting a contact form by clicking here or by calling a Handy Toyota representative toll-free at 888-352-5749.
Most people assume the automotive insurance they purchase for their new Toyota car, truck, or SUV is sufficient to keep their investment safe. The truth of the matter is that in the event your new Toyota vehicle is declared a total loss, the primary auto insurance company will make adjustments based on the market value of the vehicle at the time of the accident. What happens if that market value is less than the retail value of your Toyota vehicle? Worse yet, what if you've just recently begun payment of this retail value?
Below you will see an image that shows an example of how important GAP insurance is in terms of the safety of your new Toyota/investment:*
GAP Insurance does one thing more than any other: it provides you with assurance that you new Toyota vehicle is not going to be lost because of any number of auto accident possibilities. The intrusion of the unexpected is something we can all do without, and GAP Insurance allows you to drive away from our 39 South Main Street Toyota dealership's lot with the peace of mind we all deserve.
Please use the following information for educational purposes and feel free to contact a Financial Manager today by submitting a contact form by clicking here or by calling a Handy Toyota representative toll-free at 888-352-5749.
What is Guaranteed Auto Protection (GAP) Insurance?
Most people assume the automotive insurance they purchase for their new Toyota car, truck, or SUV is sufficient to keep their investment safe. The truth of the matter is that in the event your new Toyota vehicle is declared a total loss, the primary auto insurance company will make adjustments based on the market value of the vehicle at the time of the accident. What happens if that market value is less than the retail value of your Toyota vehicle? Worse yet, what if you've just recently begun payment of this retail value?
Below you will see an image that shows an example of how important GAP insurance is in terms of the safety of your new Toyota/investment:*
As you can see in this example there can be a significant difference between the retail value and the market value of a vehicle. GAP insurance fills this "gap" by paying the difference between the market and retail values, thus assuring you that your investment is
covered. Without GAP, you would be responsible for this difference.**
Clearly, GAP--available in most states--is a great bit of insurance. However, it's only available at the time you sign your Toyota vehicle purchase or lease agreement on eligible new Toyota cars, trucks, SUVs and/or used vehicles, so be sure to ask your Handy Toyota Financial Expert about all the details. Generally the cost of the GAP insurance can be worked into your monthly payments, on approved credit.