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Sales: 615-384-2886
Service: 615-384-4596
Parts: 615-380-7569

GAP Coverage

When your vehicle is stolen or damaged beyond repair, GAP cancels your debt! If you’re making payments on a vehicle that’s stolen or damaged beyond repair, auto insurance alone may not pay everything that you owe. Insurance typically pays the vehicle’s actual cash value rather than the amount remaining on your loan or lease, which could leave a financial “gap” of thousands of dollars.

GAP coverage gives you peace of mind. If your insurance company determines that your vehicle is a total loss, GAP covers any remaining balance (up to $50,000) on your loan or lease after the payment from your insurance company. Your deductible (up to $1000) may be included in this balance. (Deductible benefits may vary by state.)

Gap benefits:

  • Cancels up to $50,000 of loan or lease balance
  • Helps maintain your good credit
  • Covers negative equity
  • Auto insurance deductible (up to $1000) may be included
  • GAP is provided even if no auto insurance is in effect at the time of loss
  • One time low cost makes it affordable
  • Convenient because it’s sold in conjunction with the vehicle purchase
  • GAP is provided for the term of your loan

Benefit calculation:

Loan or lease balance: $20,000
Minus your insurance settlement payment: – $14,000
Balance you owe: $6,000
GAP pays: $6,000

Gupton Motors Inc

3450 Tom Austin Highway, Springfield, USA TN 37172
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Sales: 615-384-2886

Service: 615-384-4596

Parts: 615-380-7569

SalesService

Sales Department Hours
Monday: 8:00AM 7:00PM
Tuesday: 8:00AM 7:00PM
Wednesday: 8:00AM 7:00PM
Thursday: 8:00AM 7:00PM
Friday: 8:00AM 7:00PM
Saturday: 8:00AM 5:00PM
Sunday: Closed Closed


Service Department Hours
Monday: 7:00AM 5:30PM
Tuesday: 7:00AM 5:30PM
Wednesday: 7:00AM 5:30PM
Thursday: 7:00AM 5:30PM
Friday: 7:00AM 5:30PM
Saturday: 7:00AM 1:30PM
Sunday: Closed Closed

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While great effort is made to ensure the accuracy of the information on this site, errors can occur.
Please verify all pricing information with a customer service representative.
This is easily done by calling us or visiting us at the dealership.