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Probably the opposite. If the car is worth more than you owe you shouldn’t need gap insurance.
by chadash 5y ago
Probably the opposite. If the car is worth more than you owe you shouldn’t need gap insurance.
- BoorishBears 5y agoYou're thinking too short-term. If you accept the thesis we're in a bubble that will deflate, soon cars will be worth even less than they were during the run-up, so the difference will go from positive to deeply negative in a hurry.