Just bought a Fiat 500 - I was offered GAP insurance by the dealer - more specifically RTI (return to invoice) GAP insurance - will bridge the gap between the amount the insurance company pays out and what the invoice price was rather the finance amount owing.
Dealer wanted around £260 for up to £5000 payout on a car cost of £9300 for 3 yr cover
I found click4gap on the net
I had 3 yr cover up to £7500 payout for £86!!!
This includes a £10 discount - i put in details and stopped the buying process. After a week i had a £10 discount code sent to me via email. You can also get this by being referred by a friend. (You need to use a particular email address to the company to set up the refer a friend process - they provide on purchasing the insurance).
Also just checked - Quidco are also offering £22.50 cashback - I missed out on this!!! I have no idea if this will work with the discount code or the refer a friend offer
Also phoned them - they are based in Wimbledon and didn't go through to an overseas call centre!!!
Asked them why they were so cheap - no dealer commission, direct dealing etc
Also looks like policies are electronic rather than paper.
Price will obviously vary depending on the car, the cost, cover, etc.
Hope this helps someone - it has helped me!
Matt
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