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forgop · 06-16-2010, 12:55 PM

I believe it's galled gap insurance you are talking about. If you buy a new car and don't get it, then you shouldn't buy a new car IMO. This way, the car you drive off the lot and it loses 20% of its value, you are covered for the amount of the loan and not the retail value of the car at the time it's wrecked.

Hope your wife is ok.

06-16-2010, 12:55 PM	#11
forgop Not a puffer Join Date: Oct 2008 First Name: Duane Location: Indianapolis, IN Posts: 2,869 Trading: (40)	Re: FML, seriously. FML I believe it's galled gap insurance you are talking about. If you buy a new car and don't get it, then you shouldn't buy a new car IMO. This way, the car you drive off the lot and it loses 20% of its value, you are covered for the amount of the loan and not the retail value of the car at the time it's wrecked. Hope your wife is ok.