1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Gap insurance?

Discussion in 'New A3/S3 (8V Chassis)' started by Ryanytchan, Jan 28, 2014.

  1. PilotAudi
    Offline

    PilotAudi New Member

    Joined:
    Oct 4, 2009
    Messages:
    2,352
    Likes Received:
    478
    [Mar 1, 2014]
    Well I decided to buy 3 years GAP insurance from the dealer. Return to Invoice £148. Thought what the heck when you're parting with loads of money, what's another £148!
  2. tomsurfer
    Offline

    tomsurfer New Member

    Joined:
    Jun 24, 2013
    Messages:
    7
    Likes Received:
    0
    [Mar 4, 2014]
    I have to insure with Direct Line as well to get the benefit of the Additional Driver no claim discount history (ended up as £160 as opposed to Audi Insurance quote of £900+). However I have £11k of extras on the car and I am afraid my reading of the Direct Line policy document did not give me comfort that Direct Line would replace my car in the first year, so this has caused me to buy GAP insurance, and not to defer the start date.

    I would advise everybody to read their insurance policy documents carefully before deciding to defer a GAP start date.

    What the Direct Line Policy actually says is : (my highlighting)

    "If your car is less than one year old ...........we will replace it with one of the same make and model.......We can only do this if a replacement car is available in the UK..............If a suitable replacement car is not available................we will pay you the market value of your car"

    In my case I know a car with my combination of extras will not be available, so no doubt they would offer me something else they considered suitable, but I would not.

    Tom
  3. h5djr
    Offline

    h5djr Well-Known Member VCDS Map User

    Joined:
    Jan 23, 2003
    Messages:
    7,580
    Likes Received:
    584
    [Mar 4, 2014]
    I am currently insured with LV and their replace car clause is different...

    New car replacement
    If you are the first and only registered owner, within 12 months of buying the car from new and the estimated cost of repairing the damage is more than 50% of the manufacturers list price (including taxes and accessories) when the damage or loss happened; or
    it’s stolen and not recovered, we’ll replace your car with a new one of the same make, model and specification. If one is not available in the UK, we’ll pay you the price you paid for your car or the current manufacturer’s list price (including taxes) whichever is less.
  4. h5djr
    Offline

    h5djr Well-Known Member VCDS Map User

    Joined:
    Jan 23, 2003
    Messages:
    7,580
    Likes Received:
    584
    [Mar 4, 2014]
    I have also got a quote from John Lewis Insurance recently and there wording is a little more vague:

    In these circumstances, if you ask the us to, we will replace the car (and pay delivery charges tothe address shown on your current schedule orany other address we agree with you) with a new car of the same make, model and specification.
    We will only do this if:
    – we can buy a car straight away in the UK, and
    – we have permission from the finance company (if this is how you bought the car and you have not finished paying for it).


    I wonder how this would work with a replacement A3 if a new one had to be ordered from the factory as would normally be the case.
  5. 81llyh
    Offline

    81llyh Active Member

    Joined:
    Sep 27, 2011
    Messages:
    155
    Likes Received:
    32
    [Mar 17, 2014]
    I thought I'd ask my dealer for a quote...£700 for 3 years!! :w00t:
  6. Stevo985
    Offline

    Stevo985 Member

    Joined:
    Mar 17, 2014
    Messages:
    81
    Likes Received:
    48
    [Mar 17, 2014]
    I got quoted £395 by my dealer for GAP insurance for my new A3

    Sounds a bit high to me, so I'll probably go with a reputable independent company.
  7. h5djr
    Offline

    h5djr Well-Known Member VCDS Map User

    Joined:
    Jan 23, 2003
    Messages:
    7,580
    Likes Received:
    584
    [Mar 17, 2014]
    My quote from ALA (Gap Insurance - Featured by Which? | Buy Online with ALA) is £188 for 3-years vehicle replacement, vehicle value £32,000, GAP claim limit £20,000.
    If you buy from them they also do 3-year Alloy wheel (£169) and Scratch and Dent (£219) cover as well as 1-year (£500) Excess insurance (£35). The whole package works out only £11 more than my dealer wants for the Alloy wheel and Scratch and Dent and even that is a discounted price from £899 to £599.

    Not decided yet exactly what to go for...
    Stevo985 likes this.
  8. PilotAudi
    Offline

    PilotAudi New Member

    Joined:
    Oct 4, 2009
    Messages:
    2,352
    Likes Received:
    478
    [Mar 17, 2014]
    So why are people apparently happy to pay more??
  9. s3 owner
    Offline

    s3 owner New Member

    Joined:
    Jan 26, 2014
    Messages:
    68
    Likes Received:
    5
    [Mar 17, 2014]
    simple really because many people don't realise they are in the driving seat and can either knock the dealer down or get it cheaper elsewhere. to some people the price the dealer quotes is set in stone
  10. h5djr
    Offline

    h5djr Well-Known Member VCDS Map User

    Joined:
    Jan 23, 2003
    Messages:
    7,580
    Likes Received:
    584
    [Mar 17, 2014]
    My quote from gapinsurance123.co.uk worked out a little cheaper than ALA at £139 for Return to Invoive and £169 for car replacement. I don't think gapinsurance123 offer any of the other insurances offered by ALA.
  11. Stevo985
    Offline

    Stevo985 Member

    Joined:
    Mar 17, 2014
    Messages:
    81
    Likes Received:
    48
    [Mar 17, 2014]
    What's the best variant to have if I'm buying a new A3?

    Return to Invoice?
  12. veeeight
    Offline

    veeeight I am a very pretty girl

    Joined:
    Jul 14, 2012
    Messages:
    2,619
    Likes Received:
    1,209
    [Mar 17, 2014]
    I like Vehicle Replacement.
    It's only like another £20, and will cater for the price increase of an identical model in years 2 or 3.

    But it's your choice, of course.

    edit:
    The other reason for choosing Vehicle Replacement is - What exactly does "Return to Invoice" mean? Before or After discount? I've bought my £36k car for £32k, the price on the invoice is £32k. So does that mean they will give me £32k and I have to find someone willing to do the same deal? Or do they give their dealer £32 and you get a £32k car instead of a £36k car.
    Last edited: Mar 17, 2014
  13. h5djr
    Offline

    h5djr Well-Known Member VCDS Map User

    Joined:
    Jan 23, 2003
    Messages:
    7,580
    Likes Received:
    584
    [Mar 17, 2014]
    Your choice really. With Return to invoice you should end up with what you paid for the car when you bought it. Vehicle Replacement means you will get a new car with the same spec as your existing. One covers prices increases, one does not. According to my quotes £23 to cover any increase in the cost of the replacement car.
  14. Psyman79
    Offline

    Psyman79 Active Member

    Joined:
    Nov 1, 2013
    Messages:
    172
    Likes Received:
    47
    [Mar 17, 2014]
    What he said :)
  15. royalsteve68
    Offline

    royalsteve68 Active Member

    Joined:
    Oct 11, 2013
    Messages:
    705
    Likes Received:
    140
    [Mar 17, 2014]
    ala will price match plus 20% of the difference extra

    eg £200 gap123 and £220 ala - they'll match to £200 plus give you an extra £4, which is 20% of the difference of £20 - so itll be £196, if you follow that

    ala insurance is uk based and gap123 is Gibraltar based - may not make much difference but worth noting
  16. h5djr
    Offline

    h5djr Well-Known Member VCDS Map User

    Joined:
    Jan 23, 2003
    Messages:
    7,580
    Likes Received:
    584
    [Mar 17, 2014]
    Good point. That could save me a few quid if I decide to go the ALA.
  17. royalsteve68
    Offline

    royalsteve68 Active Member

    Joined:
    Oct 11, 2013
    Messages:
    705
    Likes Received:
    140
    [Mar 17, 2014]
    nb I don't work for ala - I just found them helpful but I heard zero from gap123
  18. royalsteve68
    Offline

    royalsteve68 Active Member

    Joined:
    Oct 11, 2013
    Messages:
    705
    Likes Received:
    140
    [Mar 17, 2014]
    and ill bet that doesn't cover optional extras
  19. royalsteve68
    Offline

    royalsteve68 Active Member

    Joined:
    Oct 11, 2013
    Messages:
    705
    Likes Received:
    140
    [Mar 17, 2014]
    with return to invoice you have to be careful - some will return to the amount you paid eg rrp at the time you bought it-less discount and some will return to the amount at rrp at the time you bought it. I asked ala and gap123 that very question -

    ala came back in minutes and I was impressed with their overall professionalism but I cant say how good they are as ive never, and hope I don't, have claimed. ala were the amount at rrp at the time you bought it

    im still waiting on gap123 some 6 weeks later
    S3_Timmo likes this.
  20. royalsteve68
    Offline

    royalsteve68 Active Member

    Joined:
    Oct 11, 2013
    Messages:
    705
    Likes Received:
    140
    [Mar 17, 2014]
    agreed my dealer started at £970 I think and gave up at £371 as I told him ala were offering better cover for £219. people think audi will be better but they are only underwritten by an insurance company, similar to one underwritten by eg gap123 or ala
  21. Stevo985
    Offline

    Stevo985 Member

    Joined:
    Mar 17, 2014
    Messages:
    81
    Likes Received:
    48
    [Mar 18, 2014]
    Cheers both. I'll probably pay the extra and go for Vehicle Replacement
  22. s3 owner
    Offline

    s3 owner New Member

    Joined:
    Jan 26, 2014
    Messages:
    68
    Likes Received:
    5
    [Mar 18, 2014]
    it says " will replace with a new one of the same make, model, and specification" to me specification, in this text, would mean optional extras.
  23. veeeight
    Offline

    veeeight I am a very pretty girl

    Joined:
    Jul 14, 2012
    Messages:
    2,619
    Likes Received:
    1,209
    [Apr 19, 2014]
    Just taken out Vehicle Replacement GAP with ALA.

    They price matched plus additional 20% off nearest competitive quote.
  24. PilotAudi
    Offline

    PilotAudi New Member

    Joined:
    Oct 4, 2009
    Messages:
    2,352
    Likes Received:
    478
    [Apr 19, 2014]
    Paid 240 for 3 years at audi dealer £35k


    Correction as one of my stalkers has picked me up on this.. Was originally offered Audi Gap at £240 , when I refused they sold at cost price £148 .....
    Last edited: Apr 19, 2014
    Pulp84 likes this.
  25. Pulp84
    Offline

    Pulp84 Well-Known Member

    Joined:
    Aug 17, 2013
    Messages:
    1,338
    Likes Received:
    346
    [Apr 19, 2014]
    That's what I'm am paying. Can't go wrong in my book.
  26. h5djr
    Offline

    h5djr Well-Known Member VCDS Map User

    Joined:
    Jan 23, 2003
    Messages:
    7,580
    Likes Received:
    584
    [Apr 19, 2014]
    I've taken out the same Vehicle Replacement GAP with ALA as well. Again price matched plus 20% off.

    My figure worked out at £165.20 after the price match for 3 years based on car value of £32k.
  27. arad85
    Offline

    arad85 Active Member

    Joined:
    Oct 20, 2013
    Messages:
    489
    Likes Received:
    109
    [Apr 19, 2014]
    Need to do this too (although I currently have new for old for the first year with my current insurers)... Any idea who the best competitor to get ALA to price match against (£33k car value).
  28. Joetidman
    Offline

    Joetidman Well-Known Member

    Joined:
    Nov 16, 2013
    Messages:
    729
    Likes Received:
    372
    [Apr 19, 2014]
    £270 through ALA vehicle replacement 3 years £41k. Happy with that
  29. h5djr
    Offline

    h5djr Well-Known Member VCDS Map User

    Joined:
    Jan 23, 2003
    Messages:
    7,580
    Likes Received:
    584
    [Apr 19, 2014]
    You say you paid £240 for 3 years for £35k. What happened to the £148 and your comment in another post "So why are people apparently happy to pay more?? "
  30. PilotAudi
    Offline

    PilotAudi New Member

    Joined:
    Oct 4, 2009
    Messages:
    2,352
    Likes Received:
    478
    [Apr 19, 2014]
    It was 148
  31. h5djr
    Offline

    h5djr Well-Known Member VCDS Map User

    Joined:
    Jan 23, 2003
    Messages:
    7,580
    Likes Received:
    584
    [Apr 19, 2014]
    But your post says you paid £240. Which is it £148 or £240.
  32. PilotAudi
    Offline

    PilotAudi New Member

    Joined:
    Oct 4, 2009
    Messages:
    2,352
    Likes Received:
    478
    [Apr 19, 2014]
    And your point is?

    Dealer wanted £240 and when I refused was sold it at cost £148.. whatever... not sure it's worth it but who knows.

    Back to my knitting ;-0
    Last edited: Apr 19, 2014
  33. h5djr
    Offline

    h5djr Well-Known Member VCDS Map User

    Joined:
    Jan 23, 2003
    Messages:
    7,580
    Likes Received:
    584
    [Apr 19, 2014]
    Just wanted to be clear what you paid as your post said "PAID £240...

    Don't drop any stitches :)
  34. PilotAudi
    Offline

    PilotAudi New Member

    Joined:
    Oct 4, 2009
    Messages:
    2,352
    Likes Received:
    478
    [Apr 19, 2014]
    All I can say is Dave... I can't be arsed with such debates which are futile.

    I paid £148 (just checked) a price I was happy with. I have never bought Gap before but it was a good price.. end off.. Covers replacement vehicle for 3 years £34/5k after near 10% discount.
    Last edited: Apr 19, 2014
  35. h5djr
    Offline

    h5djr Well-Known Member VCDS Map User

    Joined:
    Jan 23, 2003
    Messages:
    7,580
    Likes Received:
    584
    [Apr 19, 2014]
    If you can't be "arsed" as your put it with such debates, don't bother to post in a thread entitled GAP INSURANCE and quote figures that you say you have paid (and get them wrong).
  36. PilotAudi
    Offline

    PilotAudi New Member

    Joined:
    Oct 4, 2009
    Messages:
    2,352
    Likes Received:
    478
    [Apr 19, 2014]
    Dave ... please resist wind ups.. see above post.
  37. madrussa
    Offline

    madrussa Member

    Joined:
    Jan 29, 2014
    Messages:
    80
    Likes Received:
    39
    [Apr 19, 2014]
    I paid £350 for GAP with Audi, but they also through in Tyre and Wheel Insurance, Smart Insurance and Key Insurance for 3 years as well. All that for 3 years seems pretty decent.
  38. h5djr
    Offline

    h5djr Well-Known Member VCDS Map User

    Joined:
    Jan 23, 2003
    Messages:
    7,580
    Likes Received:
    584
    [Apr 19, 2014]
    If you got your facts right in the first place I wouldn't have the need to clarify them.
  39. Pulp84
    Offline

    Pulp84 Well-Known Member

    Joined:
    Aug 17, 2013
    Messages:
    1,338
    Likes Received:
    346
    [Apr 19, 2014]
    So you are picking up people's mistakes on posts? Are you a moderator or just bored?
    PilotAudi likes this.
  40. Sandra
    Offline

    Sandra MODERATOR Staff Member Moderator

    Joined:
    Sep 12, 2010
    Messages:
    16,800
    Likes Received:
    2,624
    [Apr 19, 2014]
    Come on guys, its easter. Lets all chill and relax instead of winding each other up. :)
    81llyh, PilotAudi and warren_S5 like this.

Share This Page