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I have it as peace of mind SHOULD anything go wrong. The dealers will try and sell it to you for around £250-350 over 3 years. I go online, use a cashback site and usually get it for around £99 for the 3 years! Tell the garage to remove the GAP insurance unless you're loaded and don't mind wasting money :D
Changing our car this week and the dealership is trying to sell us GAP insurance.
Any thoughts on how essential it is or is it an additional add-on that's not required.
I have been offered that on last two deals. Rejected it outright. More insurance commission-meisters creating fear for a another bit of buksheesh. I have never needed it in the past, so I decided not to fill the pockets of the fear-peddling grave-diggers.
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