ACCIDENT FORGIVENESS
RETAIN YOUR VEHICLE'S VALUE
Accident Causes the Resale Value to Drop
Accident
Repair Bill/
Loss in Value
$7,000
Repair Shop
Repaired Vehicle Value
$33,000
Accident Forgiveness at the Dealership Level
$40,000
Actual Cash Value
of Your Vehicle
ValueProtect
Option 1
Trade/Sell Vehicle
Dealership looks up vehicle history and accident is shown
You lose $7,000 in value
Vehicle Value = $33,000
Option 2
Dealership appraises your vehicle for $33,000
Your repair order bill is $7,000
Vehicle Value = $40,000
VS
VS
#1
Accidents happen, it's a part of life. Once damaged, even a properly repaired vehicle can lose up to 30% of its value. This loss of value is called diminished value. Diminished value occurs whether the accident is your fault or not.
#2
Insurance will pay to repair your vehicle, but will not protect its value. There are generally fewer buyers willing to purchase vehicles that were in accidents. You're more likely to want to trade in your vehicle after it's been in an accident.
#3
Vehicle history reports like CARFAX® make it easy for buyers to know if a car has been in an accident, which can lower its value and make it harder to sell. ValueProtect costs pennies a day offering an affordable way to protect your trade-in value, saving you thousands of dollars.
ValueProtect + GAP
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