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