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negative-equity

Gap Insurance: Is it Worth It for Your Leased Mercedes-Benz?

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When leasing a Mercedes-Benz, the question of whether to purchase gap insurance often arises. Gap insurance is designed to cover the difference between the amount you owe on your lease and the actual cash value of your vehicle if it is totaled or stolen. This coverage can be particularly valuable if your vehicle is new … Read more

Gap Insurance: Protect Your Vehicle with Ally Financial

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Are you one of the many individuals who decided to finance instead of paying cash upfront for your vehicle? If so, you’re likely familiar with the term “gap insurance,” also known as guaranteed asset protection. Gap insurance can be a valuable safety net, protecting you financially in the event of a total loss. In this … Read more