Protecting your investment is easy.

You're covered.

Many people don't realize that even the most comprehensive vehicle insurance may have gaps in coverage. That can mean you end up responsible for a potentially significant expense if your vehicle is stolen and unrecoverable, or is written off as a total loss.

That's because an insurance settlement is often less than the outstanding balance of your finance contract. GAPAdvantage covers you in situations like these, so you can drive worry-free.

GAPAdvantage is only available at the time of vehicle purchase. Visit or your dealer to learn about the benefits of GAPAdvantage.


• Covers your GAP deficiency* - Coverage limit lesser of $125,000 or 150% of MSRP (new)/150% of NADA "Retail" Value (used)
• Provides $1,000 toward the cost of a replacement vehicle from your dealer*
• Deductible coverage of up to $1,000
• New and used vehicles
• Terms up to 96 months
• Fully refundable for up to 60 days
• Up to 12,500 lbs. GVWR
*After applying refunds from certain financed products and excluding certain amounts, such as past-due payments and late charges. Please refer to program materials for complete terms and conditions. Always read all documents before purchasing.

The advantages add up.

• Can prevent you from owing money on a vehicle you no longer own
• Provides $1,000 toward the cost of a replacement vehicle from your dealer*
• Assists with this unexpected and potentially significant expense
• Avoids cash outlay required to cover your insurance deductible, up to $1,000
*Please refer to program materials for complete terms and conditions.

GAPAdvantage Checklist

Optional: Yes
Cost: Yes - shown on contract Vehicle
Eligibility: New, used, personal use up to 12,500 lbs. GVWR
Financed Amount: Up to $125,000
Coverage Limit: Lesser of $125,000 or 150% of MSRP (new)/ 150% of NADA "Retail" Value (used)
Deductible Coverage: Yes - up to $1,000 Cancelable/Refundable: Yes - pro-rata basis; full refund within 60 days
Exclusions: Yes - see previous page and contract details
Maximum Term: 96 months
Other: Dealer credit of $1,000 toward cost of replacement vehicle
Exclusions: GAPAdvantage does not provide benefits when loss or damage occurs: • Due to fraud or intentional damage by you • Prior to the total loss date • Outside the U.S. or Canada • After the redemption period following a repossession • Due to legal confiscation by a public official •If licensed, registered/titled in a business name or used for business or has a salvage title And it does not cover items such as: • Late charges, delinquent payments and deferred payments • Various refundable amounts due to you for early cancellation of financed products • Termination and disposition fees Additional limitations apply. Be sure to review all limitations outlined in your GAP addendum.
  1. Smith Ford Of Lowell

    1777 E Commercial Ave
    Lowell, IN 46356

    • Sales: (219) 696-8971
Loading Map...

Get in Touch

  • Contact our Sales Department at: (219) 696-8971
  • Monday9am-7pm
  • Tuesday9am-7pm
  • Wednesday9am-7pm
  • Thursday9am-7pm
  • Friday9am-6pm
  • Saturday9am-4pm
  • SundayClosed