One of the first extras we are offered in the F&I office is to buy GAP insurance.
GAP stands for guaranteed automobile protection. It is extra insurance that covers us if our new car gets stolen or is in a totaled crash.
The GAP is the dollar difference between the current value of our car and the dollars we stole on on the car.
Most people are “underwater” during their first two years – so GAP coverage makes up the difference.
The truth is GAP is not needed – when we get into the right vehicle at the right price at the right time…
Continue reading “The truth about GAP insurance revealed”
I bet I will get this question a lot about leasing a Subaru:
Why isn’t Subaru listed in your most recent lease deals?
Out of all the lease forums I monitor, I have yet to find a single “brag”…
That is, not a single forum poster has paid less than 1% monthly of MSRP for a Subaru. (At least I have not found one).
Why? Continue reading “Here is EXACTLY why Subaru does not “lease well””
Most luxury vehicle manufacturers have a Multiple Security Deposit (M.S.D.) program. But not all manufacturers do.
MSD programs can reduce our interest rate by more than half. This is why so many people ask me about it…
Continue reading “How to save on a lease’s monthly payment with Multiple Security Deposits (MSDs)”
I just got this great news from my client Ashley about her new 2017 Nissan Sentra SR Turbo in Deep Blue Pearl.
UPDATE: And I got a chance to interview Ashley – take a listen (click the play button and wait a few seconds for the audio to start).
Continue reading “How to lease a Nissan Sentra SR Turbo Premium for $249 ($0 cash down)”
I expect to get a lot of questions like this:
Perhaps you can address something I saw on Nissan’s site about leasing. I checked their lease deals and it says that the leasee would be responsible for all maintenance and repairs. That is the last thing I want. How do I negotiate that they will be responsible?
Continue reading “Car leasing question: who is responsible for repairs on a leased car?”