Guaranteed Asset Protection (GAP)

Guaranteed Asset Protection (GAP) is a financial safety net for vehicle owners. When a vehicle is totaled due to theft, an accident, or a natural disaster, the insurer's payment may be less than what you still owe on your finance contract. That financial 'gap' and your primary insurance deductible can add up to thousands of dollars.

With Audi Pure Protection GAP, some or all of the gap between your insurer's payout and your outstanding finance balance may be waived. GAP may also help with your insurance deductible, subject to program terms and conditions.

GAP benefits:¹

• Covers part or all of the difference between your insurer's settlement and the outstanding finance balance when a covered total loss occurs.¹
• No maximum dollar amount on covered losses waived⁠.¹
• Includes waiver of up to $1,000 for your primary insurance deductible.²
• If your finance agreement is assumed, you can transfer the GAP to another private party for a fee. This transferability feature can provide you with peace of mind in the event of any changes to your vehicle ownership. Cancelable at any time, subject to a fee after 30 days.³

How GAP helps protect your investment:

Here's an example of how a GAP product protects you if the vehicle is declared a total loss:¹

• Insurance assessment of vehicle market value at time of total loss: $51,000
• Primary insurance deductible: – $1,000
• Market value of vehicle less primary insurance deductible: $50,000
• Outstanding finance agreement balance at time of total loss: $55,000
• Potential amount you owe: = $5,000
• Waived by GAP: – $5,000
• Out-of-pocket expenses with GAP: $0

The example above is for illustrative purposes only. Actual GAP Waiver Benefit calculations will vary based on your specific circumstances and may not result in a GAP Waiver Benefit.

GAP is not available for purchase on a lease vehicle.

GAP Plus:

With GAP Plus, you receive all the benefits of GAP along with a $1,000 credit toward a replacement vehicle at Audi Mechanicsburg. This added flexibility can empower you in your vehicle replacement decisions.

Here's an example of how a GAP product protects you if the vehicle is declared a total loss:¹

• Insurance assessment of vehicle market value at time of total loss: $51,000
• Primary insurance deductible: – $1,000
• Market value of vehicle less primary insurance deductible: $50,000
• Outstanding finance agreement balance at time of total loss: $55,000
• Potential amount you owe: = $5,000
• Waived by GAP: – $5,000
• Out-of-pocket expenses with GAP: $0
• GAP Plus Benefit: + $1,000

The example above is for illustrative purposes only. Actual GAP Waiver Benefit calculations will vary based on your specific circumstances and may not result in a GAP Waiver Benefit. Primary insurance deductible coverage is available up to $1,000 and may not be available in all states.

• Coverage exclusions may apply.⁵
• Any amounts or terms exceeding the program maximum limits listed under "GAP benefits," "GAP Plus benefits," or in your Addendum.
• Any amounts added to your finance agreement due to late fees, date changes, or missed, skipped, or delinquent payments.
• Total losses caused by dishonest, fraudulent, or illegal actions (including DUI) by the customer, a family member, or anyone acting with the customer's permission.
• Use of the vehicle for racing or for prohibited commercial operations, including ride share services.
• If the customer has refinanced the vehicle finance contract.
• Deductions made by the primary insurer for items such as prior damage, salvage, missing equipment, excess towing, customer-installed items, or storage.

¹Please consult your Addendum for details. GAP and GAP Plus products vary by dealer, lender, or state of purchase. Maximum eligibility limits and exclusions apply. Keep in mind that past due payments, late fees, and other charges on your finance agreement remain your responsibility, along with any balances not covered by GAP or GAP Plus. GAP and GAP Plus are not available in all states.

²Availability of primary insurance deductible coverage varies by state. See the State-Specific Amendments section in your Addendum for complete details.

³Please consult your Addendum for complete transfer and cancellation rules, including state-specific transfer and cancellation rules.

⁴GAP Plus is not available for purchase in all states. You must receive a GAP Waiver Benefit to qualify for the $1,000 credit toward a replacement vehicle at Audi Mechanicsburg.

⁵Additional exclusions may apply. Please consult your Addendum for specific coverage details, including limitations and exclusions.

Audi Pure Protection is optional and is not insurance. All transactions related to Audi Pure Protection are governed solely by the provisions of the Audi Pure Protection Contract ("Customer Agreement"). This document provides general information about Audi Pure Protection and should not be used as the only source when purchasing coverage. For complete details on terms, conditions, coverage specifics, limitations, exclusions, transferability, and cancelability, please review the Customer Agreement. Coverage varies by state, and some vehicles may not qualify. For full details, please get in touch with Audi Mechanicsburg. This product is optional and not required to secure financing for a purchase or lease.

The Obligor of Audi Pure Protection is VWFS Protection Services, Inc., 1950 Opportunity Way, Suite 1500, Reston, VA 20190, (844) 368-6416.

The Administrator of Audi Pure Protection is Safe-Guard Products International, LLC, Two Concourse Parkway, Suite 500, Atlanta, GA 30328, (844) 368-6416.

In Florida, the Obligor is VWFS Protection Services FL, Inc., Florida License Number 29864, 1950 Opportunity Way, Suite 1500, Reston, VA 20190, (844) 368-6416. The Administrator is Safe-Guard Warranty Corporation, Florida License Number 60126, Two Concourse Parkway, Suite 500, Atlanta, GA 30328, (844) 368-6416.

© 2017–2024 VWFS Protection Services, Inc. All rights reserved. "Audi" and the four rings logo are registered trademarks of Audi AG. The foregoing marks are used by VWFS Protection Services, Inc., with the permission of their respective owners.