It’s Like GAP, but for Trades

Customer Purchases

New or Used vehicle…………….$25,000

Balance owed at time of trade… $12,500

Clean NADA Trade-In Value……$10,000

Customer’s negative equity…….<$2,500>

With Trade Assurance Plus……. $ 0

Benefits to the dealer

Shortens Trade Cycle

Late Model Trade-Ins

Additional Car Sale

Builds Dealership loyalty

Locks Customer to Dealer

Little or no Negative Equity

How it works

Step 1

Determine if the Customer is upside down

Step 2

Determine if the customer is over Financed (New 125% of MSRP) (Used 125% NADA Clean Retail)

Step 3

Calculate Trade Assurance benefit based on program selected (New $1000 Max., $2500 Max., $5000 Max)

(Used $1000 Max., $2500 Max., $3500 Max)