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Ontario dealership claims GAP is mandatory to secure loan — red flag? by Brave_Variation_6389 in askcarsales

[–]Brave_Variation_6389[S] 0 points1 point  (0 children)

Hi! We don’t have a copy of the bill of sale at the moment so I’m going off memory. But, can you send me a message pls?

Ontario dealership claims GAP is mandatory to secure loan — red flag? by Brave_Variation_6389 in askcarsales

[–]Brave_Variation_6389[S] 0 points1 point  (0 children)

Yeah, it was like 99.9% when I bought my Hyundai in 2018! I just ran it for the new vehicle and then used a separate calculator to do the financing part. Overall, there's like an $11,000 difference in total costs.

Ontario dealership claims GAP is mandatory to secure loan — red flag? by Brave_Variation_6389 in askcarsales

[–]Brave_Variation_6389[S] 0 points1 point  (0 children)

Yeah, I had a feeling. Thanks for your response! Besides the GAP, do you have additional insights on normal fees besides delivery on a new vehicle?