The minute you drive a new car off the lot, its value decreases, though you still owe the full value of your loan. Having full collision and comprehensive coverage on your car doesn't necessarily mean it will be replaced at no cost to you if your vehicle is totaled. You could end up paying thousands because of the difference between the actual value of your car at the time of the accident and the amount you still owe on the loan.
Help protect yourself by covering this difference with GAP. You can sign up for GAP when you apply for a loan at VyStar. For your convenience, the amount will be rolled into your monthly loan payment.
For more information or to get started, talk to a VyStar Representative today. Call (904) 777-6000, 1 (800) 445-6289 or stop by any VyStar branch.
Your purchase of MEMBER’S CHOICE™ Guaranteed Asset Protection (GAP) is optional and will not affect your application for credit or the terms of any credit agreement required to obtain a loan. Certain eligibility requirements, conditions, and exclusions may apply. Please contact your loan representative, or refer to the Member Agreement for a full explanation of the terms of GAP. If you choose GAP, adding the product fee to your loan amount will increase the cost of GAP. You may cancel the protection at any time. If you cancel protection within 90 days you will receive a full refund of any fee paid. You will receive additional information before you are required to pay the fee for this product. State chartered credit unions in FL, GA, IA, RI, UT, VT, WI may choose GAP with or without a refund provision. Prices of the refundable and non-refundable products are likely to differ. If you choose a refundable product, you may cancel at any time during the loan and receive a refund of the unearned fee calculated by the actuarial method. State chartered credit unions in CO and SC may cancel at any time during the loan and receive a refund of the unearned fee calculated by the actuarial method. GAP-1101968.1-0115-0217