Financial GAP Protection is a two-party agreement between the dealership and the client to modify the prepayment provisions of the vehicle loan agreement in the event of a total loss of the vehicle collateral. It covers the difference between the amount paid by the automobile insurer and the loan balance. This difference in the result of high depreciation for the first few years of ownership and minimal downpayment.
Protection is available on Auto’s, Motorcycle’s, ATV’s, Snowmobile’s, PWS’s, outboard Motors, Power Boats, Sailboats, Motor Homes & Towable R.V’s.
In an effort to continually supply new and innovative F&I products to their Dealers, Profits Group, through IWS, now offers GAP Protection. Talk to your Profits representative about this exciting great new Business Office Product!
On Track GAP Dealer Programs
ON TRACK FINANCIAL SOLUTIONS LTD. offers dealers a comprehensive turn-key system for offering GAP Warranties to their customers. Sold as a value-added program to accompany financing, GAP Warranties offer your customers peace of mind knowing that their vehicle investment is being protected in the event of a total loss. ON TRACK FINANCIAL SOLUTIONS LTD. is a Canadian company that offers its GAP Warrantyprograms in most Canadian provinces and territories. On Track GAP Warrantyprograms are available for a large range of vehicles, boats, heavy trucks and recreational vehicles.
Tire and Rim Protection (Unlimited number of Claims)
- Flat Tire repair
- Road hazard tire replacement
- Road hazard wheel / rim replacement & repair
Key / Remote Replacement
- If your Key / Remote is lost, stolen or destroyed
- Up to $500 per year will be paid out
Body Dent & Ding Protection (Unlimited Number of Claims)
- Paintless repair and removal of sheet metal dents and dings up to 2 inches in diameter
Windshield Repair (Unlimited Number of Claims)
- Repair of Windshield Chips
- Repair of cracks up to 6 inches long
Rip / Tear / Burn Protection
- Maximum 3 claims per contract
- Minor rips, tears or burns of the upholstered seats will be repaired
Transferable to possible future owners! See what we can do for YOU:
(In some severe cases, total removal or repair may not be possible.)
Contact The Profits Group:
Toll Free Phone: 877-692-1329, Toll Free Fax: 866-992-1951