First City Credit Union

Will Your Insurance Cover Your Auto Loan in the Event of a Total Loss or Theft?

Probably not. Even the best auto insurance may not cover the entire amount you owe on an auto loan. In fact, if the average new car owner has their vehicle stolen or damaged beyond repair, they could still owe thousands of dollars after the insurance settlement.

GAP Advantage could pay up to the remaining balance of your auto loan after an insurance payout and give you additional funds to finance your next vehicle with us.

GAP Advantage makes up the difference between what your insurance policy covers and the amount you still owe—in most cases. So, instead of paying off a substantial loan balance for a vehicle you can no longer drive, you could be free and clear of your car note and have funds to put toward a down payment on a new car.
With this valuable product, you can rest easy knowing that your auto loan won’t be a burden if an unexpected accident or theft occurs.

To learn more, call your loan officer or service representative today!

With MMP, You Can Get the Most Out of Your Mileage!

As time goes on, the likelihood of mechanical failure on your vehicle is inevitable. Advanced electronics, complex systems, and rising labor costs mean that a repair that might have cost hundreds of dollars a few years ago may now cost you thousands.

With Major Mechanical Protection (MMP) from First City, you can protect yourself against the expense of future costly repairs.
The total cost of MMP is often far less than the cost of a single repair! Pay for this protection once, and in most cases you will not have to pay anything more than a small deductible should a breakdown occur.

As well, here are some features and benefits that you may find are not available on a similar product offered by a dealer,
such as:

• Insurance Deductible Reimbursement
• Available Towing/Road Service
• Rental Vehicle Reimbursement
• Tire Protection up to $500
• Electronics Package Coverage

To learn more about MMP, call your loan officer or service representative today!

GAP Advantage is considered insurance coverage in some states.

Your purchase of GAP Advantage is optional. Whether or not you purchase GAP Advantage will not affect your application for credit or the terms of any existing credit agreement you have with the financial institution. There are eligibility requirements, conditions, and exclusions that could prevent you from receiving benefits under GAP Advantage. You should carefully read the contract for a full explanation of the terms.