Toyota Of Wallingford

Its called the gap? It's the difference between the actual value of your car and the amount on your auto loan or lease at the time of a total loss. In the first two or three years of ownership, your car may actually be worth less than your your loan payoff.

If your car were a total loss, this gap could translate into thousands of dollars that you would still owe after your insurance paid you the actual cash value of your vehicle

*This is not an insurance product.

In the event of a total loss, any remaining balance due on your loan or lease after the payment from your insurance company is waived by the dealer/lender.** In other words, should a balance be left over after your insurance pays the market or cash value, all you will have to pay is your insurance deductible.

** Does not include any late fees or past due amounts.

Protect your invenstment and give yourself peace of mind. Contact Sohail Butt, Finance Director for more info 1-800-952-0950

This information is intended to provide only an outline of the terms and conditions of the Total Loss Protection/GAP Program described in this brochure and should not be relied upon at time of purchase of your vehicle. For exact terms and conditions, please review the Total Loss Protection/GAP Addendum itself.