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Range of finance options
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| Unlike many large dealerships and car supermarkets, we have access to a wide range of finance providers. Our FSA qualified sales team can help make sure you choose the right finance package to suit your needs |
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FOW breakdown warranty
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| Get peace of mind with one of our range of enhanced warranties. Protect your investment against unexpected repair bills, covering parts AND labour! |
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At Fords of Winsford we offer a choice of asset protection schemes to ensure you get the most value out of your new vehicle. Guaranteed Asset Protection (GAP) and Vehicle Replacement Insurance (VRI) is available on all our vehicles when bought through one of the FOW Finance Schemes or through your own funds.
How does it work?
GAP/VRI simply pays the shortfall between Motor Insurance Payout and the vehicle purchase price.
Like most insurance schemes, you don't want to dwell on might go wrong - but it's worth having the peace of mind knowing that you're protected should anything happen to your new vehicle.
The value of vehicles can change over time, and should anything happen to your car - perhaps an accident or theft - your vehicle insurer will pay you the value of the vehicle at the time of the claim. Depending on how much your insurer decides the vehicle is worth, you may not get the full value of your vehicle back.
You paid £15,000 for your vehicle
Your insurer may pay you £10,500
We pay you the difference £4,500
We pay you £4,500
You paid £15,000 for your vehicle
In the event of theft or write-off your insurer pays £10,500
market value at the time of claim)
You're out of pocket £4,500
In some cases,this may even leave you with a shortfall, especially if a finance amount is still owing on the vehicle. But with FOW Asset Protection, you can be sure to receive the full purchase value of the vehicle back in the event of having to make an insurance claim.
Which one is for me?
Asset protection comes in two flavours.
Which you choose will most likely depend on the repayment method for your vehicle.
If you own the vehicle outright, you may opt for VRI (vehicle replacement insurance).
This means that any shortfall between the vehicle purchase price and the insurer's payout is made up and you will receive the full cost of the vehicle back.
If your vehicle is on finance and there is still an amount owing, GAP insurance will cover the difference between the insurance payout and the amount still owing on your vehicle. So you never need to worry about negative equity or repaying a balance on one vehicle before replacing it with your next!
How do I protect my new vehicle purchase?
All of our sales staff are FSA trained and qualified to answer any questions about any aspect of your vehicle purchase. Simply ask about GAP or VRIP when buying your next car from Fords of Winsford and your sales advisor can prepare a specifically tailored, no-obligation summary to suit your needs.
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