Protect Your Investment with GAP Advantage with PowerBuyTM

The most dangerous time to drive has nothing to do with hours of the day or months of the year. It’s the first few years you own your vehicle. If it’s in an accident and can’t be repaired, or stolen and can’t be recovered, you could owe thousands more than insurance covers.

GAP Advantage with PowerBuy TM eliminates or reduces the difference between what the insurance covers and the amount you owe on your loan.  So, instead of paying off a substantial loan balance before you can even think about shopping for a new vehicle, you could be free and clear.

The Advantage benefit will allow you to get back on the road quickly by providing a $1,000 benefit towards the financing of your replacement vehicle when financed with us.  In addition to the Advantage benefit, the PowerBuy benefit may provide funds towards your new vehicle loan, based on the depreciation of the vehicle. GAP Advantage with PowerBuy puts you in a better financial position when you need it the most.


You purchase your vehicle for $25,500 and then your vehicle is deemed a total loss. At the time of the loss, your loan balance is $23,000, and the insurance settlement is only $20,000. 


GAP Benefit would be  $3,000.00
PowerBuy Benefit would be up to $2,500.00
GAP Advantage Benefit would be $1,000.00

The maximum benefit for PowerBuy is up to $6,500.00  and is only payable during the first three years of your loan.

The PowerBuy benefit is a calculated benefit based on the depreciation of the vehicle.

To learn more about this valuable protection, call your loan or service representative today!

*GAP Advantage with PowerBuy is considered insurance coverage in some states.

Your purchase of GAP Advantage with PowerBuy is optional. Whether or not you purchase GAP Advantage with PowerBuy will not affect your application for credit or the terms of any existing credit agreement you have with the financial institution. There are eligibility requirements, conditions, and exclusions that could prevent you from receiving benefits under GAP Advantage with PowerBuy. You should carefully read the contract for a full explanation of the terms.