GAP PLUS for Auto & RV Loans

Services  /  GAP PLUS for Auto & RV Loans

Total Loss Protection…and Then Some!

Homefield Credit Union offers many added benefits and services to our members with auto loans! No one expects to be stranded without a vehicle because of an accident or theft. What’s more, the moment you drive off the lot, your vehicle depreciates an average of 20%, then roughly 15% annually for the next four years. Protect your investment and your credit rating.

Benefits

  • Eliminate discrepancies between insurance value and your loan balance*
  • $1,000 PLUS feature helps avoid hardship in affording a replacement vehicle if you finance the purchase with us
  • Helps prevent negative equity from being added to a new loan

*Subject to certain exclusions and benefit limitations.