Protection For Your Vehicle
Protect Your Vehicle From The Unexpected!
You've found a great used car, used truck or used SUV and now you want to make sure you have the similar protections to a new cars warranty, protecting you from life's unexpected surprises. At Upper Valley Auto Mart our team understands you have options in voluntary protection products, and we want to help you make the choice that is right for you. We work with top providers who have years of experience with products that offer real value to your purchase, giving you peace of mind.  The Ally Premier Protection suite of products is our top choice with offerings from covering just about everything on your vehicle to covering just the essential vehicle systems. We also offer vehicle service contracts for higher mileage used vehicles. Most vehicles eventually need an unforeseen repair or two. A vehicle protection plan can help protect you from unexpected expenses. We will be happy to help you figure out which option is best for your driving needs.Â
Beyond Vehicle Service Contracts, we also provide extra products to handle unforeseen expenses such as Key FOB Replacement coverage, Tire & Wheel coverage, and Guaranteed Asset Protection (GAP) for situations where your vehicle is totaled or stolen and your insurance falls short of covering the loan balance.
Guaranteed Asset Protection (GAP)
Protects you from the "gap" in the event of a total vehicle loss.
Finding out your car is a total loss after an accident or has been stolen can be very upsetting, particularly if the insurance settlement doesn't cover the remaining amount you owe. Insurance companies usually pay out the current value of your vehicle, which may leave you to pay the difference. GAP insurance can be beneficial in this situation, as it helps to bridge the gap between the insurance settlement and the remaining balance on your loan.
Here's an example to show you how GAP works:Â
Let's say your vehicle is totaled in an accident or stolen. You still owe $17,00 on your auto loan, but your insurance company only pays you the current market value less your deductible, which comes to $12,000.
What you owe on your auto loan:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $17,000
Actual market value of vehicle:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $13,000
Less your deductible:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $ 1,000
This leaves you still owing:Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â $ 5,000
Without GAP $5,000, With GAP $0
 
Keep in mind that the GAP payment example given is solely for illustrative purposes. To fully comprehend your coverage in the event of a total loss, you have multiple resources at your disposal. You can consult with our dealership, examine your GAP Addendum, or scrutinize your auto insurance policy. Dive deeper into the specifics of Ally GAP benefits and exclusions by perusing their GAP brochure (PDF).
Everyday Protection Products
Protection From Unexpected Losses
 Key Fob ProtectionHelps you obtain a replacement key fob in the event it's lost, damaged, or stolen. Plan terms range from one (1) to six (6) years and you'll also enjoy roadside assistance in the event of a lost or damaged key.
Tire & Wheel ProtectionRepairs or replaces tires and wheels damaged by a covered road hazard. All coverage levels offer terms ranging from one (1) to six (6) years and you'll also enjoy roadside assistance in the event of a covered repair for a lost or damaged tire or wheel.
Do You Have Questions?
Let us answer them?
If you plan to keep your vehicle beyond the New Vehicle Limited Warranty period, investing in a vehicle service contract may protect you from unexpected and potentially significant repair costs in the event of a breakdown after the manufacturer's warranty has expired.
The cost of a vehicle service contract is influenced by factors such as the make and model of your vehicle, its current mileage, the deductible you select, and the extent of coverage in your contract. To obtain personalized pricing options, it is advisable to contact the dealership.
Typically, yes. Our dealership can assist you in incorporating your chosen protection products into your monthly vehicle payment, pending lender approval.
Generally, customers who pay cash for an eligible vehicle can buy all items except for GAP. GAP insurance must be purchased from the dealership and is only available with loans obtained through the dealership.
Ally service contracts have teamed up with a company to offer that to you. Ask us about this company's interest-free 12- 18- or 24-month payment plans.
There is no obligation for a long-term commitment. Coverage can be canceled at any time, and you will receive a refund prorated based on the time or mileage used from the purchase date to the cancellation date. If there is an outstanding loan balance, the refund will be directed to the financing company. Otherwise, the refund will be issued directly to you.
Each Vehicle Service Contract varies slightly. It's important to thoroughly read the contract and ask questions to comprehend the coverage fully. Should you have any inquiries, feel free to request a sample copy of the vehicle service contract of interest from one of our team members.
This webpage provides a summary of vehicle service contracts offered to eligible customers through the dealership. Restrictions and exclusions may apply, and coverage options can vary across different plans. For specific terms and conditions, please refer to the vehicle service contract you have purchased. Should you have any inquiries before buying a vehicle protection product, request a copy of the contract from the dealership. The dealership operates independently of Ally and offers their products, as well as those from other service providers, under provider agreements. The protection products offered are not insurance products and are not presented as such. Purchasing any of these voluntary protection products is not mandatory for financing nor is it a prerequisite for obtaining a loan. If you have further questions, please contact us.
