yourcarchoice.com

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1. Helping you expand your business

YourCarChoice has an established reputation for exceeding clients expectations and delivering in circumstances when other companies could not.

What Is Return to Invoice GAP Insurance?

Also known as: “Back to Invoice GAP”, “VRI GAP” or “BTI GAP”.

In the event of an insurance write-off, the motor insurance company is only obliged to pay the ‘fair market value’ for the vehicle. RTI GAP Insurance pays the financial shortfall between the insured value and the greater of either the original purchase price of the vehicle or the outstanding settlement value on your finance agreement (subject to conditions).

Return to Invoice GAP is suitable for the following contract types:

Business Contract Purchase
Personal Contract Purchase (PCP)
Lease Purchase

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The inside track

Check out our most recent posts for news, views and responses to the latest industry happenings.

29 Jun

Van leasing vs buying used

Van leasing vs buying used – making better business decisions Having a business fleet certainly doesn’t come cheap. So, when determining how to purchase one, there’ll be a number...
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29 Jun

How to build a fleet on credit as a startup

Young businesses come across many obstacles in their initial stages. One such barrier for startups is just how to finance a vehicle – something that may be essential to...
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29 Jun

5 reasons why your business can’t lease vehicles

Rather than paying for a vehicle upfront, leasing can seem like a simple solution to ensure your business doesn’t go into negative cash flow. But, sometimes, you may find...
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1. Helping you expand your business

What Is Return to Invoice GAP Insurance?

What Is Return to Invoice GAP Insurance?

The inside track

Van leasing vs buying used

How to build a fleet on credit as a startup

5 reasons why your business can’t lease vehicles

We Supply all makes and models of car and van nationwide