Why Offer TSP GAP?
Protect Your Customers. Increase Profitability. Enhance Your F&I Portfolio.
TSP GAP ensures that your customers are protected from financial shortfalls when their vehicle is deemed a total loss. By bridging the gap between their insurance settlement and remaining loan balance, TSP GAP offers security and peace of mind—while adding significant value to your dealership’s F&I offerings.
Key Program Benefits
✅ High Loan Protection – Covers financing terms up to 96 months and loan amounts up to $200,000.
✅ Deductible Coverage – Provides up to $1,000 to help reduce out-of-pocket expenses for your customers.
✅ Luxury & High-Value Vehicle Coverage – Designed for a wide range of vehicles, including high-value and luxury brands.
✅ Strong Loan-to-Value (LTV) Coverage – Covers up to 150% of MSRP/NADA value, ensuring even high-financed customers are protected.
✅ Maximum Benefit Payout – Provides up to $50,000 in total coverage, offering substantial protection for high-loan vehicles.
✅ Profitable for Dealerships – A high-value F&I product that adds revenue while delivering true protection for customers.
✅ Available for Commercial Vehicles – A commercial-use option is available, expanding the coverage potential for fleet and business buyers.
TSP GAP
How TSP GAP Works
1️⃣ A Total Loss Occurs – The customer’s vehicle is declared a total loss due to accident, theft, or damage.
2️⃣ Insurance Pays the Actual Cash Value (ACV) – The primary insurer issues a settlement based on the vehicle’s current market value.
3️⃣ TSP GAP Covers the Difference – If the insurance payout is less than the remaining loan balance, TSP GAP steps in to pay the difference.
4️⃣ Deductible Assistance – The program also reimburses up to $1,000 of the customer’s insurance deductible.
5️⃣ Customer Walks Away Debt-Free – With no remaining loan balance, your customers can move forward without financial stress.
Why Dealerships Love TSP GAP
✔ Boost F&I Revenue – A profitable, high-value add-on that increases dealership revenue.
✔ Higher Customer Satisfaction – Customers appreciate knowing they’re protected from financial surprises.
✔ Retention & Repeat Business – A customer who avoids financial hardship is more likely to return for their next vehicle purchase.
✔ Easy to Sell – Most customers understand the risk of depreciation and appreciate the financial security TSP GAP provides.
Offer TSP GAP at Your Dealership Today!
TSP GAP is a proven, high-impact solution that enhances your F&I offerings and provides real financial protection for your customers. Get started today and give your buyers confidence in every purchase.
