Protect your Equity
Sytner Guaranteed Asset Protection (GAP)
What is it?
In the unfortunate event that your car is written-off or stolen and declared a total loss, your insurance company may not pay out your original purchase price. Most insurance companies will only make payment based on the market value of the vehicle at the time of the claim.
Any depreciation or loss in value that takes place since you took delivery of your car may not be covered. Sytner Guaranteed Asset Protection will put you in a position to purchase another vehicle of the same value.
What does it do?
It covers the difference between the total loss motor insurance paid out to you and any outstanding finance commitments, or the original invoice price you paid at delivery (whichever is the greater).
What are the benefits?
- Up to three years of cover available.
- Claims are unlimited in value for most cars up to £75,000.
- Pays up to £250 of your insurance excess.
- Includes your original Road Fund Licence.