New car buyers need to be educated on the importance of GAP insurance. GAP insurance comes into play when the person financing a car no longer has access to the car that you still owe money on. If the car was financed for $12,000, and it was rendered unusable before the end of the contract, the car buyer still owes the difference between the value of the vehicle and what you owe.
We break down what gap insurance is & what you need to know when in a dealer’s office: https://t.co/Ct6pOeabvo
— Edmunds (@edmunds) February 2, 2017…