Thread: Gap insurance?
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      03-24-2021, 03:58 PM   #9
jimbethesda
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Quote:
Originally Posted by myfirstm View Post
Quote:
Originally Posted by jimbethesda View Post
I would add that if you're so concerned about possibly having to come up with 5-15k in the event of being upside down in a loan, you should seriously re-consider this purchase.

Save more of your income, become more financially secure first.

Wow a lot of speculation going on here regarding someones financial situation that you have ZERO idea of. I was asking because I think the insurance from BMW is a rip off and am certain there is a better route to go and that some members would be able to shed some light with other experiences. I don't think anyone wants to come up with 5-15k but that certainly doesn't mean they're giving me a deal in the finance managers office either.
Yes, true I don't. Didn't mean any offense. Inquiring about gap insurance is usually a red flag regarding someone's financial situation. Just pointing out that you might want to reconsider this purchase if this is concern of yours.

I'll shut up now.
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