Should i take GAP insurance???? - R32OC

leemcp · 8th February 2010, 08:40 PM

Im picking up my R32 tomorow nite and iv been offered GAP insurance for £400. Is it realy worth that price or can i get it cheaper elsewhere?

The Womble · 8th February 2010, 08:43 PM

I'd say so, well worth it if anything happens !

Taff · 8th February 2010, 08:47 PM

Yes it is, but not for that sort of money!
Get an online qoute from GAP and it should be way less than £200...

Toffs · 8th February 2010, 09:00 PM

Look, at ANY point in the cars life you are at risk for it being written off - if you look at the cold hard facts its just a silly way to spend £400. Most likely if you did have an accident (that was your fault) then it WON'T be written off, and the excess for your insurance will be less than £400 !

Taff · 8th February 2010, 09:17 PM

If you go for GAP insurance, on a back to invoice value, over a 3 year period, which should cost less than £200: In the event of your car being written off for whatever reason, GAP will cover the difference for what the insurance boys say its worth [not a lot] and what you paid for it. I think this might put a smile on my face if this was to happen after 35 months.....

leemcp · 8th February 2010, 09:21 PM

Cheers for the replies, i just got a quote for £155 online so ad be aswell just paying it. Iv already had a write off so theres always the possibility ad do it again lol

xjkx · 8th February 2010, 09:25 PM

i had it once, and wrote a car off. i was very poor at the time, and saved me!

richie_mck · 8th February 2010, 10:12 PM

i bought gap insurance on mine but only because it came with two free services

delta · 8th February 2010, 10:24 PM

Hi there i got my r32 from ridgeway vw in newbury and my gap insurance was only £299 !!!

JonnyG · 8th February 2010, 10:28 PM

I would always get GAP on an R32 ... they are a very "nickable" car yet the GAP insurance premiium is just the same as a Hyundai !! (i.e the risk of it being stolen is not reflected in the GAP premium)

All IMHO

Knobby · 8th February 2010, 10:31 PM

Sounds really expensive!

check out GAP Insurance underwritten by Fortis Insurance Limited.

Mine was about £180.00.. for a return to Value cover, which was more than i paid for it anyway

r32_dub · 8th February 2010, 10:33 PM

All car garages make a huge profit on selling GAP insurance. They were trying to sell me the same thing at £400. I refused telling them it was too expensive and Ill get it elsewhere then after the deal was done the salesmen had a private word in my ear saying he could do it for cost at £170!

I took this up as I will be devistated if anything happened and I didn't protect my purchase for £55 a year!

Totally down to personal preference mate.......

Toffs · 8th February 2010, 11:26 PM

Quote:

Originally Posted by Taff

If you go for GAP insurance, on a back to invoice value, over a 3 year period, which should cost less than £200: In the event of your car being written off for whatever reason, GAP will cover the difference for what the insurance boys say its worth [not a lot] and what you paid for it. I think this might put a smile on my face if this was to happen after 35 months.....

At that price, or the £155 quoted below its a different storey ! £400 is a total rip off.

R32 DBP · 8th February 2010, 11:34 PM

I'd make sure it was a VW gap insurance, as my AA didn't cover things like ipod connection, supagard etc. However when my red gt 170 tsi was stolen and used in armed robberies as a getaway vehicle, i got 14 grand insurance, and about 4 gap, despite paying about 20 grand for the car. Despite this, i wouldn't buy an expensive new car without it!

Hope this helps!

James (caxton01) · 9th February 2010, 12:03 AM

Bleep when I brought my R over two years ago I brought my GAP insurance from VW and I should have looked in the internet for better prices , (I paid £299.00 I think back then )

Just hope that I don't need to use it though but it is always handy if anything happens !