I've seen previous threads on GAP insurance, but no strong opinions on whether it's advisable. However, my question is: must GAP insurance be taken out when the car is purchased? Most insurance companies do new-for-old for the first year for a new car, which seems to obviate the necessity for GAP insurance, so why not take it out after 12 months? The only person I've spoken with (VW salesman) insisted it had to be taken out at the time I bought the car.
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This of course had nothing to do that salesman taking the commission on the insurance?
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