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4.2 V8 32v Naturally Aspirated - 414 bhp
HYFR
Cruising
Posts: 15568
Joined: Tue Oct 07, 2008 7:02 pm

Post by HYFR » Sat Aug 21, 2010 3:10 pm

adsgreen wrote: Car stolen and recovered - less impact on insurance and you can sell the car afterwards.
for 30% less and cannot p/x it

take the money and be done with it

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eightfoot
3rd Gear
Posts: 273
Joined: Sat May 15, 2010 9:13 pm

Post by eightfoot » Sat Aug 21, 2010 3:11 pm

SR71 wrote:GAP insurance....

Its daft GAP insurance even exists.

Insurance companies should just pay up "New for Old" and charge appropriately rather than owners having to have a policy for this, that and God knows what else.
totally agree,but thats the way it is i'm afraid :(

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MB2
Top Gear
Posts: 1575
Joined: Tue Dec 15, 2009 10:21 am

Post by MB2 » Sat Aug 21, 2010 8:52 pm

But surely GAP is to take you back to the invoice value, whereas insurance is to put you back into the situation you were before the claim ie market value not what you paid for the car when you first bought it so it is indeed extra insurance ?

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