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03333 70 2121

Gap Protection

HOW DOES 'GAP PROTECTION' WORK?


Let’s say your vehicle cost £20,000 and it is unfortunately involved in an accident or stolen, and your motor insurance provider declare it a total loss. 

Using current market conditions the motor insurance provider values your vehicle at the time of the accident as £10,000. However, the Finance Company still show the vehicle as worth £13,000 worth of rentals and re-sale value. 

The GAP protection will payout the £3,000 difference on a successful claim - it’s as simple as that!

  • Designed to provide financial protection if you have taken out a finance agreement to fund the purchase of your car 
  • Will pay out the difference between the amount paid out by the motor insurance provider and any outstanding finance on your car - following a successful claim 
  • Will pay you back up to 3 months initial rental, up to the value of £2,500 incl. VAT - following a successful claim 
  • Meets the ABI code of practice 
  • Transferable 
  • Cancellable


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Contact us

Email : sales@21stcenturymotors.co.uk

Telephone : 03333 70 2121

Company Address :
21st Century Motors Limited
Cotton Court Business Centre
Church Street
Preston
Lancashire
PR1 3BY

Member number 2223

21st Century Motors Limited are a credit broker and not a lender, we are authorised and regulated by the Financial Conduct Authority. Registered No : 682528

Registered in England & Wales with company number : 08901938 | Data Protection No : ZA105350 | VAT No : 214205361

Registered Office : Cotton Court, Preston, Lancashire, PR1 3BY

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 © 2020 21st Century Motors Limited, All rights reserved.

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