Gap insurance

S

Silva1

Member
Is gap insurance really worth it? I've only ever purchased new vehicles and I under the instant you walk out that showroom and drive off your car will instantly depreciate in value and if the car was to be written off, your insurance company will only pay you "market" value. However I've finally purchased my first M - thread to follow when I pick her up - but as dealerships being dealerships they all try to punt off some gap insurance on you as they all receive crazy amount of commission. But is it worth while taken out gap insurance on a 9 year old vehicle? especially a M model giving how well both the z3-z4 are holding its value currently?

Thanks :D
 
It's worth it, but not from the dealer.

There are plenty of gap insurance offers out there, from as little as £100 for £10000 cover for 3 years.
 
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