Maximize Lease Value Gap Insurance for Your MBWorld Dream Ride

I bet that gap insurance is a fairly profitable item for finance companies, because it is unlikely that your car will ever be totaled or stolen. The primary reason to consider purchasing GAP insurance for a pre-owned car is if your vehicle will encounter steep depreciation, which is why ... ... GAP Certificates, Lease Bonus Cashion, Special Lease Rates and Special Retail Rates . ... Dealer contribution may vary and could affect your actual lease payment. Hello, I recently leased a new C Class from a mercedes dealer in south florida. I was told that MB has a gap insurance and I don't have to ... It makes sense to take it if you are habitually buying cars on lease. This way you protect yourself against unexpected fluctuations in your ... 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 ... The basic reason why this is a bad idea though is that if you total your car or it gets stolen, the gap insurance won't cover your down payment. Hope this helps ... maybe we should just get ... i paird an extra 1800 for 5yr 100,000 mile and gap insurance ... I've had a GS450h for 2.5 years, and I will be replacing it with a BMW ... This coverage is in addition to collision coverage and comprehensive coverage which are each required before lease gap insurance can be added on ... 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 ...