Purchasing a 2010 Traverse LT1 at 17000. Mileage is 47000. Is it worth buying gap insurance?( 0 down at 4.7 apr)

Asked by Aug 19, 2015 at 04:18 AM about the 2010 Chevrolet Traverse

Question type: Shopping & Pricing

2 Answers

90,045

I would because if you total it whay you owe will be more then the insurance company will give you http://www.bankrate.com/finance/insurance/car- gap-insurance-is-it-right-for-you.aspx

1 out of 1 people think this is helpful.
59,115

Exactly. Without gap insurance if it's totalled and the insurance company says that it's worth $10,000 but you still owe $12,000 on it you have to pay the $2000 out of your pocket to clear the title so the insurance company can take it. But with gap insurance the $2000 would come from the gap insurance company. HTH. -Jim

Your Answer

Add photo

Related Questions

  • 2010 Traverse LT bluetooth 1 answer

    I just bought a used 2010 Traverse LT. My steering wheel has the Bluetooth button on it. When I hold the button down it NEVER says "ready" to start setup. Does this mean that I don't have Bluetooth...

    2010 Chevrolet Traverse LT1

    -

    General

  • 2011 traverse brakes are applying themselves? 4 answers

    The brakes in my traverse seem to apply themselves after a few hundred feet of stop and go driving and they won't release unless I let it sit for a while. A friend put his scan tool on it and was able...

    2011 Chevrolet Traverse

    -

    Maintenance & Repair

  • Traverse 2 answers

    My wife's 2012 traverse check engine light came on going down the highway then moments later killed the engine and now won't start has power to everything but when you turn the key to crank the mo...

    2012 Chevrolet Traverse LS AWD

    -

    Maintenance & Repair

  • I have the bluetooth button on my steering wheel but I can not get it to link my phone? 4 answers

    2010 Chevrolet Traverse LT1 AWD

    -

    General

  • WARRANTY/GAP INSURANCE 1 answer

    Wife wants to buy 2010 Malibu and is recommended extended extra 3yr.warranty after 36 bumper to bumper and GAP Insurance.Is all this necessary ? This will be her first new car.

    2010 Chevrolet Malibu LS

    -

    Shopping & Pricing

Get More Money for Your Car
Be seen by 20 million shoppers. Create Your Free Listing

Search Chevrolet Traverse Questions

UK Questions

Are you a UK consumer? CarGurus now has a discussion forum in the UK.

Chevrolet Traverse Experts

#1 Tom Demyan
Tom Demyan
Reputation 250
#2 Mike Bonnell
Mike Bonnell
Reputation 170
#3 anjy834u
anjy834u
Reputation 80
View All

Related Models For Sale

Used GMC Acadia
797 Great Deals out of 42,484 listings starting at $2,921
Used Buick Enclave
539 Great Deals out of 24,756 listings starting at $5,000
Used Chevrolet Equinox
1,501 Great Deals out of 67,637 listings starting at $1,600
Used Ford Explorer
1,093 Great Deals out of 72,155 listings starting at $1,000
Used Chevrolet Tahoe
831 Great Deals out of 28,003 listings starting at $1,700
Used Honda Pilot
500 Great Deals out of 18,533 listings starting at $950
Used Dodge Durango
373 Great Deals out of 23,259 listings starting at $1,500
Used Toyota Highlander
592 Great Deals out of 23,290 listings starting at $2,944
Used Nissan Pathfinder
478 Great Deals out of 24,597 listings starting at $1,300
Used GMC Terrain
634 Great Deals out of 36,923 listings starting at $5,700
Used Kia Sorento
520 Great Deals out of 35,050 listings starting at $1,999
Used Jeep Grand Cherokee
912 Great Deals out of 66,711 listings starting at $1,500
Used Dodge Journey
580 Great Deals out of 33,115 listings starting at $2,700
Used Ford Edge
945 Great Deals out of 51,030 listings starting at $3,500
Used Chevrolet Silverado 1500
2,580 Great Deals out of 152,650 listings starting at $1,500

Used Cars For Sale

2017 Chevrolet Traverse For Sale
61 Great Deals out of 24,355 listings starting at $21,400
2016 Chevrolet Traverse For Sale
166 Great Deals out of 5,221 listings starting at $18,899
2015 Chevrolet Traverse For Sale
113 Great Deals out of 2,282 listings starting at $11,995
2014 Chevrolet Traverse For Sale
170 Great Deals out of 3,113 listings starting at $10,988
2013 Chevrolet Traverse For Sale
112 Great Deals out of 1,735 listings starting at $10,997