Vehicle Asset Protection
How It Works:
- Once a vehicle has been in a reported accident, it’s worth a lot less money – as much as 35% less. This is called diminished value.
- Diminished value often results in a much lower offer when you decide to trade-in your vehicle.
- Automotive insurance will pay to repair the damage to your vehicle, but it does not protect the cash value of your vehicle.
- Vehicle Asset Protection is a way for you to get up $5,000 more when you trade-in your vehicle or terminate your lease early.
*Certain restrictions apply. Vehicle Asset Protection is not insurance, please refer to the agreement for detailed terms and conditions.