Re: He did NOT pay $19k
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Ahahahaha just googled GAP insurance. It insures the car for what you owe on it over its value according to your insurance policy. Basically he bought insurance on the depreciation on his new car.
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i just googled it as well. So basically what im getting from it, gap insurance is incase you total the car immediately after you buy it. Then the insurance pays for the difference between how much you owe and the cars worth. Is this correct?
How much did OP to pay for this insurance? It doesnt seem very helpful [img]/images/graemlins/frown.gif[/img]
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