MAIN FEEDS
Do you want to continue?
https://www.reddit.com/r/WallStreetbetsELITE/comments/1jm3peb/didnt_see_this_coming/mk8ziq7/?context=3
r/WallStreetbetsELITE • u/GenericAptName • 8d ago
2.0k comments sorted by
View all comments
Show parent comments
18
Whats gap insurance?
24 u/WilyWascallyWizard 8d ago If covers any loan left due if your car gets totalled. I don't buy cars with loans better to just buy something cheaper outright imo. 17 u/Maximum-Cupcake-7193 8d ago I enjoy learning about these systems to buy things you cannot afford. I assume this is because the remaining principle on the loan is greater than the purchase price minus depreciation? 6 u/WilyWascallyWizard 8d ago I believe so not sure though never done it.
24
If covers any loan left due if your car gets totalled. I don't buy cars with loans better to just buy something cheaper outright imo.
17 u/Maximum-Cupcake-7193 8d ago I enjoy learning about these systems to buy things you cannot afford. I assume this is because the remaining principle on the loan is greater than the purchase price minus depreciation? 6 u/WilyWascallyWizard 8d ago I believe so not sure though never done it.
17
I enjoy learning about these systems to buy things you cannot afford. I assume this is because the remaining principle on the loan is greater than the purchase price minus depreciation?
6 u/WilyWascallyWizard 8d ago I believe so not sure though never done it.
6
I believe so not sure though never done it.
18
u/Maximum-Cupcake-7193 8d ago
Whats gap insurance?