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Deductions & credits
The gap is an insurance that is paid when you buy a car, it ensures that if your car depreciated during the year and you have an accident, it will cover the depreciation it suffered in the market, which was my case, my car cost 36,000, I HAD ONLY PAID 1,000 for the car because I had been paying for it for 6 months, the insurance only paid 28,000 and the GAP covered the remaining money that was owed.
That's why my question is, should I put my car as if it was sold and if the amount to use is only what my insurance paid? I didn't receive any money because practically the entire value of the car was owed to the agency.
March 9, 2025
8:06 AM