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What is Guaranteed Asset Protection or GAP protection?

April 26, 2017asset protection gap guaranteed

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What is Guaranteed Asset Protection or GAP protection?

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GAP protection is automatically included in all Toyota Care Leases.If your vehicle is declared a total loss, GAP will cover the difference (the gap), after you pay the deductible, between what you owe on the remainder of your lease and the amount of your insurance settlement. You are only responsible for excess kilometre charges and any pre-existing damage to the vehicle.