GAP Coverage: Financial Protection Against Vehicle Loss
New and Certified Pre-Owned Lincoln vehicles come with many advatanges:
When purchasing, here are exclusive Lincoln Automotive Financial Services programs to consider:
In the event of vehicle loss, this optional coverage steps in when insurance proceeds do not satisfy your contract balance. GAP Coverage Protects Your Vehicle Financially You've made an investment in your Lincoln and GAP Coverage was created to protect that investment. If your Lincoln is stolen and not recovered or if it's declared a total loss, your insurance company may not pay enough to satisfy what you still owe.
GAP Coverage is designed to bridge that gap. With certain restrictions, it waives the difference between your current outstanding balance (subject to conditions) and the actual cash value of the vehicle at the time of loss.
For an added level of protection there's GAP Advantage, which provides a $1,000 down payment on a new or pre-owned vehicle purchased at the originating dealer.
Learning about both of the plans allows you choose accordingly
GAP Coverage: Financial Protection Against Vehicle Loss
GAP Advantage: Increased Financial Protection Against Vehicle Loss
Flex Buy Program Utilizes two payment levels so you can plan ahead. A lower payment level earlier in the contract, followed by a higher level.
Learn more about the Flex Buy Program
If you have any questions, we're ready to help walk you through all your available options.
If the time has come for a new vehicle, but you find the finance process overwhelming, the Sesi Lincoln team is here to ease your concerns. We understand it can be daunting to decide whether to buy or lease. Wading through contract terms is also a chore for some Saline shoppers. Our Lincoln finance team is committed to helping you through each step of the financing process and to taking your priorities into consideration. Let's break things down a bit.
Leasing is often the first choice in financing for South Lyon consumers who are primarily concerned about budget. If you want to drive a new Lincoln with the latest features at the most affordable cost, we recommend checking out a lease. Leasing is different from buying in that your payments aren't going toward ownership. You're only paying for the depreciation that happens during the lease term, and that can save you thousands. Another savings you can expect from a lease is maintenance costs since you'll only have the model you choose for a couple years.
On the other hand, there are plenty of Belleville drivers who prefer to work toward owning their vehicle. They may enjoy adding custom upgrades and often look forward to the day when their loan is paid in full. Building equity with their payments can provide a sense of pride, along with the equity to save them money on their next vehicle purchase.
Even if you're still unsure of the best finance option for your situation, we welcome you to submit an online application. This gets the ball rolling and can save you time when you come to see us at our Ypsilanti area dealership. While you're here, explore our website for the latest finance specials and take a look at our current new or used inventory. Don't hesitate to reach out to our friendly finance team if you have any questions.