Just a word on GAP insurance. When initially negotiating the deal the Sales chap offered the benefits (and cost) of GAP insurance as a must have. Hmmm...I don't normally do extended warranties and certainly never purchased GAP insurance.
The deal on offer with VW was on a sliding scale but as I recall two of the numbers: Value of the car up to £20,000 - £399; Value over £20K- £499. (Might be out a bit), however,...
To close the deal I had the sales rep over a barrel with something he had said to me earlier about the value of my trade in. In the end he wouldn't move on the P/X value but would throw in free GAP insurance. Thinks....want the ROC why not. So far so good. When I picked up the order form the overall price and part ex value were “as per†but the GAP insurance in the equation shows £152. I did ask and this was glossed over - I get the GAP insurance BUT this seems to be one hell of a mark up on he initial offering (but in effect thrown in free to me) as compared to the original quote of 4-500 quid?
Any thoughts? I have subsequently checked on-line for GAP insurance 1st quote for the value of my ROC was £174.
Cheers
BoaT
The deal on offer with VW was on a sliding scale but as I recall two of the numbers: Value of the car up to £20,000 - £399; Value over £20K- £499. (Might be out a bit), however,...
To close the deal I had the sales rep over a barrel with something he had said to me earlier about the value of my trade in. In the end he wouldn't move on the P/X value but would throw in free GAP insurance. Thinks....want the ROC why not. So far so good. When I picked up the order form the overall price and part ex value were “as per†but the GAP insurance in the equation shows £152. I did ask and this was glossed over - I get the GAP insurance BUT this seems to be one hell of a mark up on he initial offering (but in effect thrown in free to me) as compared to the original quote of 4-500 quid?
Any thoughts? I have subsequently checked on-line for GAP insurance 1st quote for the value of my ROC was £174.
Cheers
BoaT