Thanks for posting (y) Your thread has been selected for our Highlights pages (highfive)
It is perfectly possible to extend/renew your ALA GAP policy after the first 3 years. They even email you towards the end to invite you to get a quote! IIRC, my options were for another 2, 3 or 4 years (I think).
That’s odd, didn’t know they did that!
That's what I tried, but they expect me to know all the Ts & Cs, their CEO's inside leg measurement and the meaning of life before they'd approve it (mad)
SEAT wanted to charge £399 for a back to Invoice GAP policy. I got it for £208 through ALA with the MSE25 code. Just a shame you can't also use Quidco Did a fair bit of research before hand and these are the top rated provider.
I don't lease either...
Are you serious? For £100-200 you can insure your self for a complete write off !! My mate had his car written off and he got £11k for his car. The company wanted 18k so he paid £7k out his own pocket to the lease company. If he had gap insurance he would not have paid a penny other than the premium !!
100% agree, as an example i was looking at leasing an 130n, predicted value after 3 years by an hyundai dealer was 11k...imagine that after paying 28k for it...in the real world you would really hope that 11k is way off!
I'm guessing that many people think we live in this perfect world where getting a car written off means you get a payout so you can go and get an identical one. The problems with this are: 1. Your insurance company and yourself will disagree on this value. You can argue with them sure, but all the time you don't have a vehicle. 2. You will never find a car "as good" as the one you lost. That one was owned by you and you'll have driven it carefully etc. If your car is say 3-4 years old, it'll be a minefield out there. 3. At some point on anything 1yr+ you are almost certainly going to end up out of pocket. As much as you want insurance to be fair, it isn't. This policy doesn't just fill the gap between your payout and you being able to buy a good example, similar car. This policy gives you the difference between the payout and what you paid for it in the first place. I've just paid £170 (£42.50/year) for a 4yr policy on a 1yr old car. So up until the car being 5yrs old, should the worst case situation happen and it gets written off, I'm back to where I was before I bought it. To me, that is good value. If you risk adverse, cannot see why you'd simply walk away or say it's useless.
25% Discount off Gap Insurance @ ALA GAP Insurance
Didn't work for me (2 days ago) either. But... you can get Topcashback 10.1%
Shame MSE25 and PISTON10 not working for me surprised as its only 7 days ago it was posted.
Note Martin Lewis’ code gives 25% off. The code is: MSE25
Same here just got a lease deal and using this company was half the price of dealership prices. They seem to be highly recommended online. Just gives you that bit of peace of mind should the worse happen.
Nice one OP. Thanks for posting. Not sure why the negative score, but definitely useful for me, having jumped on a lease deal posted on this site.
12% Discount off Gap Insurance @ ALA GAP Insurance
Would you care to say which company quoted the lower cost? Thanks in advance
Also worth saying if the discount code doesn't work or doesn't come out as cheap as you'd hoped, other companies will offer cheaper quotes that ALA are willing to price match and give further discount. My quote was £124 without discount, £97.96 with discount. Another company were quoting £77.34 which ALA matched and then discounted further, bringing it down to £69. Not bad for I thought.
I've just signed up with ALA after doing some research on PistonHeads.com - they seem to be well regarded. If the code stack isn't working you can get 12% off by using the code PISTON12 on the website https://www.pistonheadsgap.co.uk/ There's also a thread on PistonHeads where they're quite responsive to questions: https://www.pistonheads.com/gassing/topic.asp?h=0&f=23&t=1488230&i=220