When I bought my 2011 sportage SX I opted to get GAP loan coverage in case the car is totaled/stolen and my insurance wouldn't cover what I owe the bank. It cost me $860. To me I was making a smart decision. Especially with how Kia's could be valued. Anyway, do you all think that's a waste of money? If so, I can get a refund of the remaining GAP fee I paid applied to my loan.
Again, just wanted to get everyone's opinion of this added coverage.
Ps... I'm usually not one to buy any added insurance/benefits when buying a new car. But, since this was a slightly used SX I thought it may be a good idea this time. Anyway, rethinking that now and may get a refund since I assume I'll never end up using this type of protection. Statistically speaking that is...
Again, just wanted to get everyone's opinion of this added coverage.
Ps... I'm usually not one to buy any added insurance/benefits when buying a new car. But, since this was a slightly used SX I thought it may be a good idea this time. Anyway, rethinking that now and may get a refund since I assume I'll never end up using this type of protection. Statistically speaking that is...