Santa Barbara Auto Group’s Guaranteed Auto Protection (GAP)

2018-04-26T13:39:15+00:00April 26th, 2018|Maintenance, Santa Barbara Auto Group, Warranties|

GAP insurance alleviates financial stress in the event of an unfortunate vehicle incident

When considering the purchase or lease of a new vehicle at Santa Barbara Auto Group, make sure to ask about Guaranteed Auto Protection (GAP). Often, people are unaware of the importance of a good auto protection plan. When an unfortunate incident occurs, whether it’s car theft, natural disaster or an auto accident, protecting your vehicle against potential dangers is paramount. This process can sometimes be complex. Some circumstances occur that render a limited amount of reimbursement for your vehicle for the various incidences that can take place. Peace of mind is a commodity worth taking seriously. GAP insurance offers that commodity as it will cover the difference between how much money insurance companies will reimburse and the balance owed on the vehicle. Paying for GAP insurance eliminates any potential for non-coverage or insufficient reimbursement of your vehicle balance. Take a moment to call our expert service staff at Santa Barbara Auto Group and ask about GAP coverage and its benefits.

Learning aspects of GAP insurance is knowledge worth gaining

While potential for disaster is an unwanted possibility, coverage during an unexpected occurrence is a relief. This relief is offered through Santa Barbara Auto Group GAP insurance. When such occurrences take place, the insurance companies evaluate and decide the worth of your vehicle. No matter the circumstance, you can be rest assured that Santa Barbara Auto Group’s First Class Guaranteed Auto Protection will bridge that gap between the amount insured on your vehicle and the actual cost of your loan. It also covers the out-of-pocket expenses for any deductible up to $1,000. The cost for GAP insurance up to 60 months of coverage at Santa Barbara Auto Group is $649.00. For protection more than 60 months, the cost is $749.00. The Santa Barbara Auto Group’s Guaranteed Auto Protection is offered at the time of purchase or lease. Financial peace of mind makes all of the difference when facing the difficulties of such issues as a total loss vehicle. Santa Barbara Auto Group wants to provide you with that peace of mind. So, visit Santa Barbara Group to learn more about First Class Guaranteed Auto Protection and explore the selection of new and used premium brand, luxury vehicles.

About Santa Barbara Auto Group

Santa Barbara Auto Group is located off the 101 and Hope Ave and serves Santa Barbara residents and drivers throughout Southern California as the premium dealer for Acura, Audi, BMW, Jaguar, Land Rover, Porsche, and Mercedes-Benz. Every Santa Barbara Auto Group employee is dedicated to providing the highest in sales and service assistance. Santa Barbara Auto Group represents seven different luxury brands and friendly experienced sales representatives are available seven days a week. To learn more about your favorite luxury vehicle, or to schedule a test drive, feel free to call, email, or visit Santa Barbara Auto Group.

Santa Barbara Auto Group

402 S Hope Ave
Santa Barbara, CA 93105
United States (US)
Phone: 805-682-2000
Email: sales@sbautogroup.com
URL:
  • Jaguar XJ

Relax, You’re Covered with Santa Barbara Auto Group’s Guaranteed Auto Protection (GAP)

2017-01-04T13:33:59+00:00January 4th, 2017|premium, Santa Barbara Auto Group|

Feel at ease knowing that in the unpredictable scenario of vehicle theft or an auto accident resulting in total loss, Santa Barbara Auto Group has you covered.

Buying or leasing a new vehicle is an exciting experience and in the midst of the excitement, people often overlook important aspects of the purchasing process such as your auto protection plan. Every vehicle is subject to unpredictable events such as car theft, auto accidents, and natural disasters. Too often, these scenarios lead to hefty payment differences between how much your insurance company will reimburse you and the balance on your loan. Not to mention the cost of the deductible. Santa Barbara Auto Group eliminates this stress and covers your expenses.

How Does Guaranteed Auto Protection Work?

Unfortunately, auto theft, collision, and/or damage due to natural disasters are greater and more common risks than you may believe. In these scenarios, insurance companies usually only reimburse you for the market value of your vehicle. More than likely, this will leave you with a significant gap between their reimbursement and the balance on your loan. With the addition of the deductible, your out-of-pocket expense might be thousands and thousands of dollars. Santa Barbara Auto Group’s First Class Guaranteed Auto Protection will cover the gap between your insurer and your loan, as well as cover the out-of-pocket expense for the deductible up to $1,000.

To provide an example, consider this:

  • You purchase a luxury vehicle for $60,000 and five months later a collision totals your car.
    • You took out a $55,000 loan for the car and the insurance company values it at $50,000.
    • This leaves you with $5,000 out-of-pocket expense plus a $1,000 deductible.
    • With First Class Guaranteed Auto Protection, all of your expenses are covered!

There is nothing like financial peace of mind when having to deal with a total vehicle loss under any circumstances. Santa Barbara Auto Group wants to provide you with that peace of mind. So, visit Santa Barbara Group to learn more about First Class Guaranteed Auto Protection and explore the selection of new and used premium brand luxury vehicles.

About Santa Barbara Auto Group

Santa Barbara Auto Group is located off the 101 and Hope Ave and serves Santa Barbara residents and drivers throughout Southern California as the premium dealer for Acura, Audi, BMW, Jaguar, Land Rover, Porsche, Mercedes-Benz, and Smart. Every Santa Barbara Auto Group employee is dedicated to providing the highest in sales and service assistance. Santa Barbara Auto Group represents eight different luxury brands and friendly experienced sales representatives are available seven days a week. To learn more about your favorite luxury vehicle, or to schedule a test drive, feel free to call, email, or visit Santa Barbara Auto Group.

Santa Barbara Auto Group

402 S Hope Ave
Santa Barbara, CA 93105
United States (US)
Phone: 805-682-2000
Email: sales@sbautogroup.com