Quote:
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Originally Posted by JonF1982
Quote:
Originally Posted by As1000
Thanks. When you say full vehicle replacement, do you meant return to
Invoice?
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No, return to invoice pays out up to what you paid for the car.
Vehicle replacement actually gives you a replacement car. So in year 3, the car might be 5, 10% higher due to inflation. Or the dealer might not be able to give you the same discount as you got when you bought it, so vehicle replacement is considered an enhancement over RTI and is generally a more expensive product. |
Thanks. I came across a similar product when researching on the Internet. How does this work? Does this mean that the gap would pay whatever finance is remaining and pay for the new car?