Services / GAP PLUS for Auto & RV Loans
GAP PLUS for Auto & RV Loans
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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.