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GAP Insurance Pricing

dan41dan41 Member Posts: 182
edited March 2019 in Toyota
This is my first time leasing and I’m going to finalize the lease deal today using information I’ve garnered on this site. Thank you!

My question is regarding GAP insurance. I plan to purchase it, but I have no idea what the cost is and if it’s negotiable? I’d like to be armed with some knowledge before I meet with the finance manager.

Lease will be 36/12K @$325 with $3K Down MF.00083 MSRP $41,775 Buy $36,800

Comments

  • kyfdxkyfdx Moderator Posts: 187,316
    dan41 said:

    This is my first time leasing and I’m going to finalize the lease deal today using information I’ve garnered on this site. Thank you!

    My question is regarding GAP insurance. I plan to purchase it, but I have no idea what the cost is and if it’s negotiable? I’d like to be armed with some knowledge before I meet with the finance manager.

    Lease will be 36/12K @$325 with $3K Down MF.00083 MSRP $41,775 Buy $36,800

    My only experience is with a 2017 Tacoma in 2017.

    They started out asking $750 for GAP. By the time I left, the F&I guy was begging me to take it for his cost of $225. (I believe that may have been the truth).

    That was for a vehicle at a similar price point.

    It's one of the drawbacks of a TFS lease. No GAP included.

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  • dan41dan41 Member Posts: 182
    Thank you!
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