Unlock the Value Should You GAP Your Leased Mercedes?

The primary reason to consider purchasing GAP insurance for a pre-owned car is if your vehicle will encounter steep depreciation, which is why ... If you have finance on the vehicle then the answer is almost certainly “yes” because the depreciation on vehicles like this is massive meaning ... ... my time or headache even if you can buy. Number 4 ... Any dealership should be willing to do this on a lease. ... Gap Insurance is included in all leases ... ... your lease. In case of a totaled car, your insurance company will cover its value, regardless of whether it was leased, financed, or had MSD or a pre-paid lease ... 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 ... 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 ... You don't need gap insurance for a lease. Only put down the minimum amount needed for down payment. 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 ... 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 ...