Quote:
|
Originally Posted by Orcrone
Is gap insurance used to insure that you don't wind up owing money due to depreciation if your car gets totalled shortly after purchase?
|
Yes - that is the argument that they use...
Drive off the lot, and total it on the way home. You will end up upside down unless you get the gap insurance. That is what they say, at least. I have never had an opportunity to use it.