Mastering Gap Insurance A Guide for Leased Mercedes-Benz Owners

If you have finance on the vehicle then the answer is almost certainly “yes” because the depreciation on vehicles like this is massive meaning ... The main issue here is the GAP insurance - if it was available, the total amount of multiple security deposit should be returned. I do not ... It is DEFINITELY worthwhile to have gap coverage. If you owe more than the value of the vehicle and it'sa total loss, you are still responsible ... If your Mercedes-Benz vehicle is stolen or declared a total loss in an accident, there can be a significant difference between the amount your insurance company ... You don't need gap insurance for a lease. Only put down the minimum amount needed for down payment. This coverage is in addition to collision coverage and comprehensive coverage which are each required before lease gap insurance can be added on ... It's a massive risk to take on without gap insurance. Some lessors have it in their contract, some don't. If the the vehicle is totaled/written ... Yes you should absolutely get gap on a lease even on a financed car for the first few years. Get it through your insurance it will be cheaper ... Yes, you need gap. But it is included in the lease already from MB financial. ... That's great. If I go through a broker will I still have the GAP ... Should I buy a 2017 Lexus which has five Lexus dealer services in the record although there's a gap of 3 years? The car is being sold by a Lexus dealer.