Members of the Guaranteed Asset Protection Alliance (GAPA), along with their peers in the Service Contract Industry Council (SCIC) and the Motor Vehicle Protection Products Association (MVPPA) recently approved new minimum standards applicable to product refunds and forms. In the…
The intent of this article series is to provide the reader with accurate and helpful information on a voluntary protection product called GAP waiver. This blog describes some of the consumer protections built into the product and the compliance framework…
The intent of this article series is to provide the reader with accurate and helpful information on a voluntary protection product called GAP waiver. We started with GAP 101 and continue with the consumer value proposition. From our previous article,…
Guaranteed Asset Protection Waivers are an important tool for consumers to protect their financial interest in one of their most valuable assets: their financed vehicle. GAP, for short, is a voluntary product offered by dealers and lenders to car purchasers to…
The new year means a fresh start and an opportunity to form new, better habits.
Car buyers, start your engines – if you’re searching for a new car, you may just find your best deal yet this month. As the end of the year approaches, many dealerships are finding themselves with excess inventory thanks to…
Safeguard your Turkey Day travel and Black Friday Deals. The days surrounding Thanksgiving are often considered the busiest travel and shopping times of the year. • 90% of holiday travel is via car 1 • Thanksgiving…
A steady budget is what keeps your household going. Blowing your budget and being left with financial unknowns can be frightening with purchases large and small, whether that is cars, home appliances and consumer electronics like your precious tablet or…
GAP waivers help folks across the country stay protected in the event of a total loss to their financed vehicle. Legislators are making progress toward increasing the protections made available to citizens to help them find an option that works…
As Labor Day arrives to mark the end of the summer season, the auto industry is usually cutting prices in order to move out old inventory and make room for new models. And when you do make the decision to…