Questions? Please contact Randy Lorelike, Leasing Manager
rlorelike@lakenormanchrysler.com
Road Hazard Tire and Wheel
As you drive down the road each day, you face hazards that can cause damage to your
car's tires and wheels. The road hazard tire and wheel program provides coverage
for the only part of your vehicle that touches the road and the only part that is
not covered by the manufacturer's warranty.
Road Hazard Tire and wheel coverage includes:
- Tires
- Wheels
- Mounting, balancing, valve stems and taxes
- Emergency Roadside Assistance
Additional Program Features Include:
- One to five year terms available
- No deductible
- No maximum number of occurrences
- No mileage limitations
- All vehicle tires are covered for as long as they have 3/32" of tread at the time
of damage
- Transferable to the next vehicle owner
GAP
When your vehicle is stolen or damaged beyond repair, GAP cancels your debt! If
you're making payments on a vehicle that's stolen or damaged beyond repair, auto
insurance alone may not pay everything that you owe. Insurance typically pays the
vehicle's actual cash value rather than the amount remaining on your loan or lease,
which could leave a financial "gap" of thousands of dollars.
GAP coverage gives you peace of mind. If your insurance company determines that
your vehicle is a total loss, GAP covers any remaining balance (up to $50,000) on
your loan or lease after the payment from your insurance company. Your deductible
(up to $1000) may be included in this balance. (Deductible benefits may vary by
state.)
GAP Benefits
- Cancels up to $50,000 of loan or lease balance
- Helps maintain your good credit
- Covers negative equity
- Auto insurance deductible (up to $1000) may be included
- GAP is provided even if no auto insurance is in effect at the time of loss
- One time low cost makes it affordable
- OConvenient because it's sold in conjunction with the vehicle purchase
- GAP is provided for the term of your loan
Benefit Calculation:
|
| Loan or lease balance: |
$20,000 |
| Less your insurance settlement payment: |
-$14,000 |
| Balance you owe: |
$6,000 |
| GAP pays: |
$6,000 |
Universal Security Guard (R) Theft Deterrent System
Auto theft occurs at an alarming rate of one theft every 25 seconds* and is considered
to be one of the nation's top property crimes. Labeled vehicles and their body parts
are easier to identify if stolen.** Universal Security Guard was developed by 3M
in an effort to deter auto theft by placing anti-theft labels on your car's body
parts. If a label is removed, an imprint is left behind that can only be seen under
an ultraviolet light.
Benefits
- Thieves pass by your vehicle. Professional thieves are less likely to steal a vehicle
labeled with Universal Security Guard because it takes less time for a thief to
dismantle a car than find and remove all traces of anti-theft labels.
- Insurance premium discount. Many insurance companies offer a premium discount on
vehicles with marked and traceable parts that deter thieves and aid police in vehicle
recovery.
- * Financial benefits. Owners of vehicles registered with Universal Security Guard
(R) that are stolen and not recovered will receive a $1000 benefit to cover their
insurance deductible. An additional cash benefit, which can be put toward the purchase
of a replacement vehicle, is also provided (not to exceed actual cash value of vehicle).
*According to data from 2005 on www.fbi.com. **According to www.nhtsa.dot.gov.
