Buy Gap Insurance for Toyota

Why buy Gap Insurance for your Toyota at Easy Gap?

Did you know that your Toyota model, like any other, is susceptible to losing as much as half of its original value within the first three years of ownership. This means that if you have paid £20,000 for your Toyota model, in just three years time it may only be worth £10,000.

If your vehicle was involved in an accident or stolen and your motor insurer declared the vehicle a total loss, your motor insurer is only liable to pay you the market value of your vehicle on that day. This could leave you thousands of pounds out of pocket, however, Gap Insurance can bridge the gap.


What is vehicle replacement insurance and why should you consider this level of gap insurance for your Toyota?

Vehicle replacement insurance is the latest form of gap insurance and is not normally available from Toyota Main dealerships. While it is very similar to other forms of return to invoice gap insurance the is one very important and very distinctive advantage. 

Inflation proofing - This is because instead of simply protecting the original invoice price you paid you are now instead protecting the replacement cost even if it has gone up.

Vehicle replacement insurance pays the difference between your Toyota's valuation on the day it is written off and the amount of money you would need to spend to buy another Toyota the same age, mileage and specification as your Toyota was on the day that you drove it home from your Toyota Dealership.


What can Return to Invoice do to help protect you and your Toyota?

Return to invoice gap insurance is just like any other insurance it can not really ever stop anything bad from happening. Instead it can protect you in the only way insurance can, financially. This means that if your Toyota joins the estimated 600,000 other vehicles written off in the UK alone each year, at least the financial worry is taken away.

This is more than likely to have been the type of Gap Insurance offered to you and your Toyota during the purchase process of the model. This form of Gap Insurance does exactly what it suggests in the title. It will pay the difference between the market value of your vehicle on the day it was declared a total loss (i.e your motor insurance settlement) and the original purchase price that you paid for your Toyota model.

This will ensure that you receive the full balance, deposit and equity as well as having the ability to clear any outstanding finance on the vehicle, if any.

What is Finance Gap Insurance for Toyota and how does it work?

Finance gap insurance is the oldest and some say easiest level of gap insurance to understand. 

No matter if you have bought your Toyota on Contract hire or another form of finance directly linked to your Toyota your policy would pay the difference between your Toyota's valuation on the day it is written off and the amount you would need to clear your financial liability.

No matter if your finance or contract hire company call it a rental contribution or settlement. In fact how ever they wish to call it if your Toyota is written off the without any form of cover your are labile for any difference between your Toyota's valuation on the day and the amount you still have outstanding sometimes called a financial shortfall.
Toyota is one of the worlds largest if not the largest car makers in the world. Being world known for their reliability, value for money and specification levels Toyota are as popular as ever.

The birth of Toyota started over 60 years go when Sakichi Toyota ran a very successful weaving loom business in post war Japan. This business was then sold to a British company and with the money he made his son Kiichiro diversified into the motor trade. He had studied car production and design in the USA  and the business grew and grew. 

In fact within two years Toyota where already making over 2000 cars, trucks and buses per month. 

Production was detrimentally affected during the second world war and this accumulated with Kiichiro resigning after a series of strikes and company  losses. But the new management team had also studied the meteoric growth and applied what they had learnt and in 1961 the Toyota Starlet hotly followed by the Toyota corolla was launched originally in rear wheel drive versions.
2014 is to be the year of change for the Toyota brand as the firm look to introduce a number of new models. Amongst the new models is the latest updated Yaris. Toyota have once again teamed up with both Peugeot and Citroen as the trio develop the decond generation of small city cars. The new Toyota Aygo model has taken on a completely new look as the newly painted front end of the model is of an X shape and houses a different colour to the base model.

Amongst the number of new models being released in 2014, Toyota have confirmed that they plan on introducing the latest Land Cruiser model.

Why protect your Toyota at Easy Gap?

Peace of Mind with Easy Gap for your Toyota!Why do Easy Gap have the best policies for your Toyota?How can Easy Gap save you money on your Gap Insurance?Easy Gap Customer Service Record 

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