OP
@peasap avatar
UTC

Enthusiast
Piaggio MP3 500
Joined: UTC
Posts: 87
Location: San Diego, California
 
Enthusiast
@peasap avatar
Piaggio MP3 500
Joined: UTC
Posts: 87
Location: San Diego, California
UTC quote
Hi guys,

New MP3 500 owner here and the day before my wife bought a Toyota Sienna van, go figure! Anyhow, in the process of buying the vehicles the dealer recommended we buy GAP Insurance as it would pay the difference in value between what we owe and what the vehicle was worth.

We were hesitant but thought it might be best to do and stumped up $695. Today, my wife checked with our insurance company and they too offer GAP Insurance at $22 a year!!!!!!!!!! We canceled it with the dealer today.

SO if anyone is buying a car or scooter and you're offered GAP Insurance, check your current provider first and save some money.

Apologies if this has been noted before.

Paul
@nightwing avatar
UTC

Contributor
2007 LX 150 (memories)
Joined: UTC
Posts: 8575
Location: New Hampshire
 
Contributor
@nightwing avatar
2007 LX 150 (memories)
Joined: UTC
Posts: 8575
Location: New Hampshire
UTC quote
Re: GAP Insuarnce - Check your current provider first!
peasap wrote:
Hi guys,

New MP3 500 owner here and the day before my wife bought a Toyota Sienna van, go figure! Anyhow, in the process of buying the vehicles the dealer recommended we buy GAP Insurance as it would pay the difference in value between what we owe and what the vehicle was worth.

We were hesitant but thought it might be best to do and stumped up $695. Today, my wife checked with our insurance company and they too offer GAP Insurance at $22 a year!!!!!!!!!! We canceled it with the dealer today.

SO if anyone is buying a car or scooter and you're offered GAP Insurance, check your current provider first and save some money.

Apologies if this has been noted before.

Paul
Never buy insurance through the dealer, or paint sealer, or etched glass, or pinstriping, or Scotchgard. Those are all packs that are almost pure profit.
⚠️ Last edited by NightWing on UTC; edited 1 time
UTC

Hooked
2008 LX 150
Joined: UTC
Posts: 282
Location: Black Lake
 
Hooked
2008 LX 150
Joined: UTC
Posts: 282
Location: Black Lake
UTC quote
+ 1 NightWing

mind the gap
DoubleGood Design banner

Modern Vespa is the premier site for modern Vespa and Piaggio scooters. Vespa GTS300, GTS250, GTV, GT200, LX150, LXS, ET4, ET2, MP3, Fuoco, Elettrica and more.

Buy Me A Coffee
 

Shop on Amazon with Modern Vespa

Modern Vespa is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com


All Content Copyright 2005-2024 by Modern Vespa.
All Rights Reserved.


[ Time: 0.0090s ][ Queries: 3 (0.0022s) ][ live ][ 318 ][ ThingOne ]