If your vehicle is declared a total loss as a result of an accident, theft, fire or flood, there is a risk that your Motor Insurance settlement may not completely pay off the outstanding finance owed on the vehicle, leaving you with a balance to pay off for a vehicle you no longer have.
Mind the GAP!
Finance GAP pays the difference between the motor insurer settlement and the outstanding finance on the vehicle, up to a maximum of £15,000 (subject to eligibility). In addition to this, we will also pay you up to £250 of your motor insurance excess in the event of a “fault” claim.
Please note, the following vehicles and use are excluded;
New edibox, Double click to edit
First Vehicle Finance Limited are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 669990
Registered in England & Wales with company number : 05285260 | Data Protection No : Z9729803 | VAT No : 862 3889 84
Registered Office : The Cottage, 2 Castlefield Road, Reigate Surrey RH2 0SH
Disclaimer: All vehicle images and descriptions are for illustration and reference purposes only, all vehicle leases are subject to credit approval and subject to change at any time. E&OE.
Copyright © 2021 First Vehicle Finance Limited, All rights reserved.
Powered by CALAS