Do you need gap insurance?

When you buy a new vehicle, whether a personal or commercial purchase, it loses a portion of its value the second your tires hit the street outside the dealership. 

But if you financed that purchase through a lender, you’re on the hook for the total price you paid for the car. If you change your mind and try to sell the car to someone else, the value will technically be less than what you paid. 

Do you need gap insurance? Read More »