Do I buy Gap Insurance for my 4 day old E60 (UK)
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Joined: Jan 2006
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From: Norfolk, UK.
My Ride: 530d Touring
Model Year: 2007
Originally Posted by GB525dTour' post='277878' date='May 4 2006, 08:49 AM
I know that Direct Line car insurance will 'return to invoice' cost within the first 12 months of buying a new car. After that I think it is worth shopping around. I took out some shortfall insurance -- wanted to protect my investment as i put a large deposit down. If you're leasing and are not taking as large a risk then its a balance between peace of mind and can I afford it.
Good luck.
Good luck.
Most insurance companies will return to invoice within the first 12 months, but worth checking.
http://www.click4gap.co.uk/purchase/index.asp
http://www.shortfallcover.co.uk/info...ance.asp?did=1
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From: Chippenham, Wiltshire UK
My Ride: F11 535i M-Sport,, Silver, Black Leather, LED Adaptive headlights
Model Year: 2015
Engine: N55
Also consider GAP insurance from Hitachi Capital.
3 years GAP cover for my 530D Tourer was ?269 for the difference between insurers payout and invoice, with a limit of ?20,000.
I arranged it through www.car-finance.net
3 years GAP cover for my 530D Tourer was ?269 for the difference between insurers payout and invoice, with a limit of ?20,000.
I arranged it through www.car-finance.net
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Joined: Jan 2006
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From: Cleveland, United Kingdom
My Ride: On Order, due in May - 2007MY 530D SE, Silver Grey, Black Dakota, Auto, Brushed aluminium shadowline,sports seats / wheel, hi fi speakers, mats, space saver wheel and a few more bits
Originally Posted by KAF' post='278806' date='May 6 2006, 08:38 PM
Also consider GAP insurance from Hitachi Capital.
3 years GAP cover for my 530D Tourer was ?269 for the difference between insurers payout and invoice, with a limit of ?20,000.
I arranged it through www.car-finance.net
3 years GAP cover for my 530D Tourer was ?269 for the difference between insurers payout and invoice, with a limit of ?20,000.
I arranged it through www.car-finance.net
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From: UK, Midlands
My Ride: E61 535d sport, Silver Grey/grey/maple.
20" Hartge Nova 7. Previously 19" staggered 172s
I take it out for the first year or so then lapse it, they (Lombard) reduced my rate a tad so that the insurance was in effect free (must be a targetted sale!).
Be aware that most of the policies have a maximum payout value. Lombard's was a bit higher than BMW's from memory.
Be aware that most of the policies have a maximum payout value. Lombard's was a bit higher than BMW's from memory.
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