Gap Vs. Gap Wrap
GAP INSURANCE in the right situation is a MUST HAVE!
These would include Lease Contracts that DO NOT INCLUDE GAP INSURANCE, Toyota Motor Credit Corporation (Toyota Lease Contracts do NOT include Gap Insurance)….. However, LFS Lexus Financial Services DOES INCLUDE GAP INSURANCE at No Charge to the Leasee.
Do not take for granted the Finance or Lease Manager is telling you the truth about the Lease Contract you are about to sign, when he/she says you need to wrap this policy with GAP WRAP to protect yourself from a major loss like $10,000.00!
He/She is lying!
If the Lease Contract does not include GAP INSURANCE then they would be trying to sell you GAP INSURANCE and NOT Gap Wrap.