How GAP Advantage with PowerBuy Works
Vehicle Actual Cash Value | $17,500 |
Insurance Deductible | -$500 |
Check amount from Primary Insurance | $17,000 |
Loan Balance at time of Loss | $23,000 |
Check amount from Primary Insurance | -$17,000 |
Remaining Loan Balance (amount owed without GAP) | $6,000 |
With GAP Advantage with PowerBuy | -$6,000 |
Final Loan Balance | $0 |
Auto Advantage Protection | +$1,000 |
PowerBuy Benefit | +$2,500 |
+$3,500 |
With GAP Advantage with PowerBuy you could receive up to $3,500 towards your replacement vehicle.