Buying a car is exciting—but it can also come with a barrage of add-on offers. From “extended warranties” to “gap protection,” dealerships often push optional auto protection that sounds like a good idea but comes with a hefty price tag. At Members Trust Federal Credit Union, we offer the same types of protection—Guaranteed Auto Protection (GAP) … [Read more...]
Smarter Auto Protection: Why Members Trust Beats the Dealership
What is GAP it and how does it work?
What Is GAP? How Guaranteed Auto Protection Can Save You Thousands If you’ve ever financed a new vehicle, you may have heard about something called GAP coverage. But what is GAP, and why does it matter? Like it or not, new vehicles depreciate the moment you drive off the car lot. In fact, most cars lose up to 20% of their value in the first year … [Read more...]