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Purchase Price and Finance GAP

(Also known as Return to Invoice / RTI GAP)
If your car is declared as a total loss your motor insurance will offer the current value. This policy covers the difference between their offer and the invoice price you paid or any outstanding finance.

Defaqto 5 Stars - Purchase Price and Finance GAPOur unique vehicle GAP insurance UK policy has been designed with you in mind; for buyers of new or used vehicles who have purchased their vehicle from a motor dealer within the last 90 days. In the event that your motor insurance company declares your vehicle as a total loss, this gap cover would pay out the difference between the current market value of what they would pay you and the amount you originally paid the dealer (invoice value). We always think about our customers and go the extra mile to ensure they are looked after.

This vehicle cover will also insure you the difference between the invoice value and any outstanding finance value should the finance value be greater.

Key things to note about the Combination GAP policy

  • Always contact us before accepting a settlement offer from your motor insurer; we may be able to get you a better deal.
  • You might not get a full GAP pay-out if your motor insurer has reduced their compensation due to pre-existing accident damage. Our pay-out reduction will never be greater than their reduction.
  • We will only cover the finance owed on the vehicle itself. Our end result payment will not cover finance use for insurance policies, taxes or finance transferred from previous vehicles.

At a glance...

tick Up to £1,500 of dealer fitted accessories covered.
tick Up to £300 of cover for vehicles modified for mobility
tick Unlimited mileage cover once policy has started
tick European cover, providing the motor insurance offers full cover too
tick Financial liability cover
tick Business use cover
tick We will pay up to £250 to cover the excess on your motor insurance policy
tick We will help you get the best settlement from your motor insurers
tick We will settle any outstanding vehicle finance*
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12, 24 and 36 month options available on vehicles valued at less than £80,000 registered less than eight years ago.

tick No compulsory excess applied

*Terms and conditions apply

GAP Insurance documents

For full details of our car GAP Insurance, feel free to take a look at our GAP Insurance Documents:

Our other
GAP Insurance Policies

Cards accepted: Visa
Mastercard
Maestro
Visa-Electron
American Express

Best4 is a trading name of Autoguard Warranties Limited. Best4 is fully regulated and authorised by the Financial Conduct Authority (FCA). Our FCA number is 500640.