Regardless of tone the narrow mindedness of some of the posts within this thread has amazed me, with quotations like -
Dealer quoted me £700. I went through ALA for £150. Dealer came down to £500..... Shows you how much mark up is in this for them....
Anything over £200 is a rip off.
GAP insurance IS a good product. Buying it from your dealer at hugely inflated prices is not!
I stand by the fact that anything over £200 is a rip off, when you can get the cover for less than that elsewhere.
However buying it from Audi IS a rip-off.
With no mention of the benefits of buying from your dealer, the risks from buying online from the cheapest company, the inconvenience that can be caused by having a "cheaper" policy, etc etc.
It's all well and good voicing an opinion, but branding it as "fact" and disregarding the other side of the coin from a trained professional who has far more experience than all of you put together isn't quite so good.
Have your opinion, that's fine. And please do tell the OP about the great price you purchased your GAP insurance for. But please don't brand it as "fact" and disregard my own opinion over the quality of service which comes with the product.
Nobody gets brownie points by telling the OP which GAP policy to buy and how much to pay for it, the purpose of this thread as I see it is to discuss whether the Audi endorsed GAP policy is a good scheme and worth the price. Some people say it isn't, I say it is. And I have justified my reasons why.
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The reason I endorse a dealer recommended and sold GAP policy is because day in and day out I renew customers who have had write offs and claimed on our GAP insurance provider. And the way our GAP policy works the provider pays us as a dealership directly within 48 hours, securing the finances of the replacement vehicle in a very short period of time.
I have heard more than enough stories of people paying £200+ for weeks on end paying for a hire car, eating into their insurance companies pay out because they are waiting on a GAP policy to pay out. And I wouldn't want to be in that situation myself, let alone a customer.
Ala is one of the companies I have heard and seen to take more than unreasonable time to settle their customers compensation/return to invoice values.