What Does Gap Insurance Cover near Buffalo, NY?
If you’ve heard of GAP insurance and wondered what it does or if you need it, keep reading! Our team at Zoom Auto Credit is your source for all things finance related for automotive so don’t hesitate to contact us with any questions you may have.
What Is GAP Insurance?
The main goal of GAP insurance is to cover the bridge or “gap” of depreciation that happens during the first few years of owning a brand new vehicle. Even if you take great care of your vehicle and only put minimal mileage on it, after the first year it’s value depreciates and goes down significantly. In the event that your recently financed vehicle was damaged from being vandalized or from a storm or fire, which are often not covered by your auto insurance, your vehicle’s assessed value may not be the same as what you still owe on it. This could lead to paying
Reason for Purchasing
You may have gotten GAP insurance on your last vehicle purchase if you paid less than 20 percent as a down payment, financed for a term longer than 60 months, or had negative equity from a previous car loan. Since all of our vehicles here at Zoom Auto Credit are pre-owned and already have an established deprecation value, you likely won’t need to worry about getting GAP insurance when you purchase one of our vehicles. Still, it’s helpful to understand how this type of insurance works and the benefits you may be able to take advantage of with your current vehicle.
Our Finance Options
Our wide range of finance options provide Buffalo drivers with auto loans they can afford. Whether you have bad credit, no credit, low down payment, or another situation that has caused other dealerships to turn you away, we encourage you to experience our difference. We believe in the freedom and peace of mind that comes with having a dependable vehicle. You’ll find an inspiring range of options from brands such as Chevrolet, Ford, GMC, Honda, Jeep, Buick, Nissan, and Toyota, just to name a few. Apply online or stop by and see us in Elba, NY, to get started!
Learn More About Our Auto Loans:
Dealership Information
Testimonials
Jimmy was a good professional salesman
Vinny was great
“ GMC 1500 limited. Vinny was great. Delivered truck. Great conversation doing paperwork. 2019 drives like new. ”
great experience!
“ Love my new car! Very nice, professional, friendly and we had a great experience! ”
Great experience
“ Great experience ”
Great people
“ Process was fast and everything was handled professionally. Austin and Ryan were good people. ”
Good customer service
“ Good customer service, and especially from joangel who was attentive at all times with me and my wife ”
These guys were great!
“ These guys were great! Although we had went there on a Monday to meet with a employee who never showed up just left for the day without letting me know… but another employee “Kevin” took care of us and got us in the car we wanted! Thank you to Kevin and the guys at zoom/crazy cheap cars! ”
Great place to buy a car
“ Great place to buy a car ”
Definitely recommend!
“ I love my Lexus! Joey, thank you so much for making this work for me. I have an awesome car and my payment IS NOT through the roof. Everyone at the dealership was so nice to me. I would recommend anyone needing a vehicle to go to Zoom and let them see what they can do for you. ”
These guys are the best!
“ These guys are the best! Their selection in great. There customer service is even better. Can't wait to do business with them again! ”
Good service
“ Good service ”
If you need a vehicle this is the place you should come to without a doubt.
“ If you need a vehicle this is the place you should come to without a doubt. ”
Highly recommend these guy's.
“ These guy's truly went above and beyond to get my wife and myself in a new vehicle. After many failed attempts at other dealerships these guys managed to get us approved for the vehicle we wanted. The same vehicle we looked at elsewhere was over 600$ a month for a payment, they managed to get us around 200$ a month and still didn't stop there, they went even a step further and managed to help us with a new car insurance saving us hundreds every payment. Truly am grateful for Conan and Kevin and the whole Zoom family for all they have done for us. Highly recommend these guy's. ”
Great Service from beginning to End.
“ Great Service from beginning to End. One Note: if you have any issue with any vehicle make sure to keep communication open. The Owner is a great person and will help where he can. ”
Very pleasant experience purchasing the new ride!
“ Very pleasant experience purchasing the new ride! Ron was helpful without being pushy... much appreciated? ”
These people are great! I will buy my next vehicle from Zoom.
“ I called to register for appointment after receiving mailer of huge sale and prize give away. I had no intention of even looking at a new vehicle, but getting a $20 Walmart gift card was worth the 35min ride. Of course I wasn't expecting to win 1 of the top 5 prizes since I read the mailer. I was treated respectfully and cheerfully even after i informed Donnie the event specialist i am just here for my gift card. After Donnie registered me I was shocked when my numbers matched the winning numbers for $250. The team there all congratulated me enthusiastically and I was offered a bowl of homemade soup by the manager. These people are great! I will buy my next vehicle from Zoom. ”
Amazing service by everyone from start to finish!
“ Amazing service by everyone from start to finish! ”



“ Jimmy was a good professional salesman and cut straight to the point I recommend talking to him if your trying to purchase from here ”