Example GAP Insurance Payouts
GAP Insurance payout example one:
| Purchase Price of Vehicle: | £6,500 |
| Insurance settlement: | £3,600 |
| Outstanding finance payment: | £5,000 |
| GAP Insurance payout: | £1,400 |
GAP Insurance payout example two:
| Purchase Price of Vehicle: | £14,500 |
| Insurance settlement: | £9,400 |
| Outstanding finance payment: | £13,950 |
| GAP Insurance payout: | £4,450 |
GAP Insurance payout example three:
| Purchase Price of Vehicle: | £22,000 |
| Insurance settlement: | £21,250 |
| Outstanding finance payment: | £23,500 |
| GAP Insurance payout: | £2,250 |
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