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ACCIDENTS, FIRE, FLOOD, THEFT, EITHER ONE CAN
CAUSE A TOTAL LOSS !
When Your insurance pays
actual cash value to your lien holder you could
still owe thousands. |
UNFORTUNATELY
The value of your vehicle goes down faster than
the amount you owe. It may take over one half of
the life of your loan before you have equity in
your vehicle. In the event of a total loss, your
insurance company settlement will be base on the
value of your vehicle, not on the balance
of your loan. |
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$$$$
Let
us be there to help you meet your obligations. |
FORTUNATELY
HYCO GAP can be there to help. When your
insurance settlement is not enough to clear your
debt, HYCO GAP will waive up to $25,000.00
Ask your dealer/lender for details. |
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Will waive up to $25,000.00* of the money you
may need in order to pay off your debt.
*see the HYCO GAP contract for details and
limitations.
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EXAMPLE
Loan of lease payoff
$18,000.00
Insurance Settlement
$15,000.00**
HYCO GAP covers
$3,000.00
YOU owe
$0.00
** You are responsible for your deductible and
any refundable portions of your loan. |