GAPCoverage

Protecting your investment is easy.

YOU'RE COVERED.

Many people don't realize that even the most comprehensive vehicle insurance may have gaps in coverage. That can mean you end up responsible for a potentially significant expense if your vehicle is stolen and unrecoverable, or is written off as a total loss.

That's because an insurance settlement is often less than the outstanding balance of your finance contract. GAPAdvantage covers you in situations like these, so you can drive worry-free.

GAPAdvantage is only available at the time of vehicle purchase.


GAPCoverage

• Covers your GAP deficiency* - Coverage limit lesser of $125,000 or 150% of MSRP (new)/150% of NADA "Retail" Value (used)
• New and used vehicles
• Financed amounts of up to $125,000
• Terms up to 96 months 
• Covers up to $1,000 of your insurance deductible
• Fully refundable for up to 60 days
*After applying refunds from certain financed products and excluding certain amounts, such as past-due payments and late charges. Please refer to program materials for complete terms and conditions. Always read all documents before purchasing.

THE ADVANTAGES ADD UP.

• Can prevent you from owing money on a vehicle you no longer own
• Assists with this unexpected and potentially signifcant expense
• Avoids cash outlay required to cover your insurance deductible, up to $1,000*
*Please refer to program materials for complete terms and conditions.

GAPCoverage Checklist

Optional: Yes
Cost: Yes - shown on contract
Vehicle Eligibility: New, used, personal use up to 12,500 lbs. GVWR
Financed Amount: Up to $125,000
Coverage Limit: Lesser of $125,000 or 150% of MSRP (new)/ 150% of NADA "Retail" Value (used)
Deductible Coverage: Yes - up to $1,000
Cancelable/Refundable: Yes - pro-rata basis; full refund within 60 days
Exclusions: Yes - see below and contract details
Maximum Term: 96 months
Exclusions: GAPAdvantage does not provide benefits when loss or damage occurs: • Due to fraud or intentional damage by you • Prior to the total loss date • Outside the U.S. or Canada • After the redemption period following a repossession • Due to legal confiscation by a public official •If licensed, registered/titled in a business name or used for business or has a salvage title

And it does not cover items such as: • Late charges, delinquent payments and deferred payments • Various refundable amounts due to you for early cancellation of financed products • Termination and disposition fees

Additional limitations apply. Be sure to review all limitations outlined in your GAP addendum.
  1. Jim Golden Ford-Lincoln

    790 California Ave SW
    Camden, AR 71701

    • Sales: (870) 836-2100
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Get in Touch

  • Contact our Sales Department at: (870) 836-2100
  • Monday8am-6pm
  • Tuesday8am-6pm
  • Wednesday8am-6pm
  • Thursday8am-6pm
  • Friday8am-6pm
  • Saturday8am-12pm
  • SundayClosed