What GAP insurance company did you go with?

[am1w]

£200 wow.
What maximum gap payout have you put in for that?

I'll post details on Monday.

[JonnyG]

I used Car2Cover.com

http://www.car2cover.co.uk/

£172 for 3 year & £15,000 limit

[p3eps]

I used Car2Cover.com

http://www.car2cover.co.uk/

£172 for 3 year & £15,000 limit

Just noticed they also do tyre insurance!  £234 for 3 years which covers up to 5 replacement tyres.  Thats like the cost of one and a half tyres!  They cover malicious damage and have no wear and tear excess... so you could theoreticly 'slit' your worn down tyre and claim a replacment!

[am1w]

Just noticed they also do tyre insurance!  £234 for 3 years which covers up to 5 replacement tyres.  Thats like the cost of one and a half tyres!  They cover malicious damage and have no wear and tear excess... so you could theoreticly 'slit' your worn down tyre and claim a replacment!

How worthwhile but a bit bizarre.

[gibby]

http://www.directgap.co.uk/

I did RTI on a new BMW 1 series, £118 for 3 years with 10k. No point in putting in 25k cos you only need to cover the difference between the insurance payout and what you owe on the car blah, blah, blah.

[p3eps]

My invoice is going to say something around £35k - and the prediction is that it'll be worth about £16k in 3 years time... so I'll need £20k worth of GAP just incase!

When you look at depreciation of £20k over 3 years - you wonder why you buy a new car at all!!

[JonnyG]

Just noticed they also do tyre insurance!  £234 for 3 years which covers up to 5 replacement tyres.  Thats like the cost of one and a half tyres!  They cover malicious damage and have no wear and tear excess... so you could theoreticly 'slit' your worn down tyre and claim a replacment!

Yes, I looked into that too, but missed out 

If anyone's interested be aware that you have to take the cover out within 7 days of purchase and first 100 miles

[p3eps]

If anyone's interested be aware that you have to take the cover out within 7 days of purchase and first 100 miles

How do THEY know if you've done over 100 miles?!

[squirrelGTi]

Am i right in saying that some insurance companies actually do return to invoice for the first year anyway?

(EDIT - On new cars)

[JonnyG]

Am i right in saying that some insurance companies actually do return to invoice for the first year anyway?

I think most insurance companies will give you a brand new car, if yours is written off in the first 12 months (from new), which is even better than RTI GAP.

However to get GAP insurance you need to take it out within 3 or 6 months of buying your car.

The thing about GAP on a car like like the GTi and R is that these cars are stolen quite frequently (just have a look on the forums  ) and you don't actually pay any more for GAP insurance than you would for a much less nickable car like a Hyundai or Kia     For that reason and IMHO, GAP on the GTi and R is a bit of a no brainer at these prices.