GAP Insurance
Definition for new zealand automotive professionals.
Guaranteed Asset Protection (GAP) insurance covers the difference between what you owe on a vehicle and its actual cash value if it is totaled or stolen. It is one of the highest-margin F&I products and a critical revenue line for dealership back-end gross.
New Zealand Context
In the new zealand dealer market, gap insurance operates within the context of Consumer Guarantees Act (CGA) and Fair Trading Act. Dealerships running Pentana, Titan DMS, Autobase encounter gap insurance in their daily workflow. DealerInt captures the decision layer around gap insurance that your DMS wasn't designed to track.
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See the decisions your DMS doesn\u2019t track
30-day free trial. NZ$1,399/store/month. Works with Pentana.
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