Hi Guys
Posted the other day re new Carrera S arriving soon. Have been contacted by the dealership ( UK) asking me if I want GAP ( guaranteed asset protection) cover for the car for £600 which covers three year's finance.
The car lists at £100k and the guaranteed residual is £45k after three years.
I've tried to track the approx depreciation curve of these cars using used examples that are for sale and the depreciation all seems quite linear so I'm not sure if the Insurance is actually required.
Anyone else taken this cover based on a reasoned calculation?
Cheers
Posted the other day re new Carrera S arriving soon. Have been contacted by the dealership ( UK) asking me if I want GAP ( guaranteed asset protection) cover for the car for £600 which covers three year's finance.
The car lists at £100k and the guaranteed residual is £45k after three years.
I've tried to track the approx depreciation curve of these cars using used examples that are for sale and the depreciation all seems quite linear so I'm not sure if the Insurance is actually required.
Anyone else taken this cover based on a reasoned calculation?
Cheers