GAP (Total Loss Protection)
- All risk protection.
- Protection is provided up
to 84 months.
- Protection is available on
Installment and Revolving Loans.
- Insurance is not required
on loan for benefit payment
- Protection against
negative equity
- Protects the customers
credit
Gap Protection is an important product for a
Powersports customer in many ways:
- 75% of Powersports
customers finance their purchase at the Dealership.
- 80% of these customer put
less than 10% down on their purchase.
- Of these customers that
are putting little or no money down are in need of Gap
Protection on their Financing - It is a very important
benefit for the customer and a good profit point
for the dealership.
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