BENEFITS OF ONLINE GAP INSURANCE SCHEME OVER CAR DEALERS GAP INSURANCE - Make Money Online

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BENEFITS OF ONLINE GAP INSURANCE SCHEME OVER CAR DEALERS GAP INSURANCE

Yes, you are just about to buy your next new car. You have been offered the deal you want, the part exchange value is very attractive, and you cannot just wait to get that your new car. Does this look familiar?

Lots of car owners decide to purchase their cars from major franchised dealerships every year. This is a major of the wide variety of vehicle choices which are often sold as part of the producers used car package while they also provide warranties, mechanical servicing, and signs of peace-mindedness for the client.

In the event that you want to buy a new car, you may almost want to consult a franchised dealer as the majority of the web-based sellers are just brokers who act as middle men between the buyer and the franchised dealer.

The dealer is not only concerned about selling you a car. With regards to the growing economic climate we live in and the constantly growing ease at which you can get the required information via the internet, majority of the dealers can no longer meet ends meet by selling cars alone.

Hence, a lot of car dealers have a dedicated finance department which is specifically designed to sell insurance and finance products such as GAP insurance, tyre insurance, extended warranties, and other insurance-related types. The major car dealers and card marketers now plan to make as much money from insurance and finance as they do from the actual car sales. Many card dealers now aim to make up to £1,000 on every car the sell, whether used or new, with up to 50% of their profit coming from insurance and fiancé products they offer. 

The rate at which this type of insurance and finance product is gaining popularity has led the dealers to consider sales teams to offer GAP cover on every car the sell. Yet, the cost of policy may vary when secured from a card dealer or car market.

GAP INSURANCE QUOTE FOR DIFFERENT CAR BRANDS

The recent survey carried out among the major dealer’s car markets, and some independent dealers’ have shown a difference in the GAP insurance prices of car brands. 

Averagely, the cost of GAP insurance policy at major franchised dealers is between the range of £399 - £15,000 for a policy that covers vehicle replacement.

Car brands like BMW, Audi, Porsche and Mercedes seems to attract a high rate of popularity in GAP insurance scheme with which is as high as £1,000 for vehicle replacement policy. The majority of prestige franchised deals estimate GAP insurance prices with respect to a percentage of the vehicle selling price which results in a very high policy cost.

The majority of car dealers now employ Business Managers majorly aimed at selling insurance and finance. Hence, you should not be amazed when you are confronted with a high selling prices of cars. 

Internet car purchase

Just like every other product sold on the internet these days, you can save a lot of money when purchasing gap insurance from the constantly increasing number of online GAP insurance providers. The fact there is no need to pay rents, equip showrooms and offices, pay staff, and pay commission to team members is a key reason why online GAP insurance is 75% cheaper than those from franchised dealers.

Applying for a GAP insurance policy online is as well very simple and easy to apply. It can be completed within a couple of minutes by filling a short online application form. Also, you have the advantage of speaking with customer care representatives should in case you have any question or query. 

Lastly, however, the majority of the online GAP insurance providers make it convenient for you to choose the correct policy for you specific need and requirements with a clear and concise product description and major benefits attached to each. If you are looking for a reputable online GAPinsurance policy with a clear-cut T&Cs, contact

BENEFITS OF ONLINE GAP INSURANCE SCHEME OVER CAR DEALERS GAP INSURANCE BENEFITS OF ONLINE GAP INSURANCE SCHEME OVER CAR DEALERS GAP INSURANCE Reviewed by Kapil Kumar on 11:48 PM Rating: 5

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