TEXAR offers GAP Advantage
GAP Insurance (Guaranteed Asset Protection) is offered through Allied Solutions. It provides peace of mind and can relieve you of the liability of paying the remaining balance of a loan after the primary insurance carrier has settled, if the vehicle is stolen or totaled.
GAP also helps protect your credit rating and can help you avoid financial hardships so you can afford a replacement vehicle. In addition, GAP Advantage provides you with a credit of up to $1000 towards financing or lease of a replacement vehicle if financed with TEXAR within a certain time period. GAP Advantage also offers auto deductible reimbursement and more. Call a Financial Service Officer today at 903.223.5626 and get your auto protected.
| Example |
|
|---|---|
| Loan Balance | $15,000 |
| Insurance Settlement based on market value |
$11,000 |
| Insurance Deductible |
$-1,000 |
| Amount owed without "GAP" |
$5,000 |
| Amount owed with "GAP" |
$0 |
| GAP ADVANTAGE | $1,000 credit toward next auto purchase |
Contact TEXAR Lending staff about this affordable peace of mind protection.
