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News
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RETURN TO INVOICE GAP
- GAP - Peace of mind when you buy your new carDid y...
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New Ford Kuga set to drive retail sales
- The Ford Kuga goes on sale next month in the expan...
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Sporting appeal for new flagship Mondeo
- Ford Mondeo Titanium X Sport Visually exciting, ...
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Ford Focus on performance
- Created by Ford TeamRS, the company’s dedicated pe...
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Focus Music on the Move
- Beautifully arranged As befits a car which is s...
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Best selling models poised for March success
- While the new Fiesta, on sale later this year, was...
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Ford Verve Concept wows What Car? Readers
- In announcing the What Car? Reader Award, Steve Fo...
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Geneva global debut for new Fiesta
- Taking much of its exterior and interior design fr...
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EUROPEAN FIRST FOR FORD AS FOUNDATION PRAISES ITS ALLERGY-FRIENDLY VEHICLES
- BRENTWOOD, Essex, 3 March, 2008 – Ford has bec...
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RETAIL DEMAND DRIVES FORD TO NEW YEAR SALES SUCCESS
- BRENTWOOD, Essex, 6 February, 200820 per cent mor...
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The ST500 Has Arrived!
- January 2008. The first of only 500 special editio...
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Ford confirms new high performance Focus RS is on the way
- The new Focus RS will be based on the dynamic new ...
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THE NEW KUGA
- Ford Kuga On sale in the UK summer 2008, the new...
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FORD MONDEO IS AUTO EXPRESS CAR OF THE YEAR 2007
- BRENTWOOD, Essex, 25 July, 2007 – Ford's new Monde...
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MISSION STATEMENT
- At PG McGillion Motors we are committed to providi...
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RETURN TO INVOICE GAP
GAP - Peace of mind when you buy your new car
Did you know that if your vehicle was written off as the result of an accident, fire or theft, your insurance company would only pay the current market value of the vehicle, and not what you actually paid for it?
For example, if a vehicle costing £10,000 was written off after 12 months, your insurance company would pay out the current market value, which might only be £8,000. If you wanted to then replace your vehicle, you would have to find the difference. Or, if you had taken out finance to spread the cost of paying for your vehicle, then you could find that the amount received from your insurance company was less than the amount you still owed on your finance agreement. In either event, you could be out of pocket - this is where GAP insurance can help you.
Return to Invoice Price GAP
Our “Return to Invoice Price” GAP does exactly what it says – it will return you to the original position you were in when you first purchased the vehicle, if your vehicle is written off and a total loss payment is made by your insurance company. Return to Invoice Price GAP will pay you the difference between the amount paid out by your insurance company (or the market value of your vehicle, whichever is the greater) and the amount of your original invoice price of the vehicle, up to a maximum period of 3 years. If the vehicle is subject to a finance agreement, any payment under Return to Invoice GAP will be paid direct to the finance company on your behalf, and if there are any excess funds, these will be sent to you direct, subject to the maximum cover of £10,000.
Full terms and conditions of the GAP products on offer are available on request.
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