Guaranteed Auto Protection
With GAP, there's no such thing as a total loss.
Get a grip on GAP
Here's how GAP works: In the event of a total vehicle loss, GAP covers you once insurance has paid its share, paying the difference (or deficiency) between your Toyota's insurance payment (usually market value) and the balance on your finance or lease contract. GAP will also pay up to $1,000 of your auto insurance deductible (if applicable) in most states.
As with most of our other payment protection and credit insurance plans, GAP is only available at the time you purchase or lease your new or used Toyota. View Brochure
See how GAP worksTake a look at the chart here for an idea of GAP coverage in action.
| Finance or lease contract payoff amount | $23,000 |
| Minus total auto insurance settlement | -$20,0001 |
| $3,000 | |
| Plus auto insurance deductible | +$1,0002 |
| Total out-of-pocket expense | $4,0003 |
| Minus Toyota GAP payment4 | -$4,000 |
| Total owed to financial institution to pay off finance or lease contract | $05 |
Dealer Rates - New Vehicles
Definition of New Vehicle: Model year is current calendar year or newer with 6,000 miles or less on odometer.
| FINANCE CONTRACT TERM (IN MONTHS) | PLAN CODE |
| 60 | N60 |
| 61 - 72 | N72 |
| 73 - 84 | N84 |
Dealer Rates - Used Vehicles
Definition of Used Vehicle: Any vehicle with 6,001 or more miles on the odometer.
| FINANCE CONTRACT TERM (IN MONTHS) | PLAN CODE |
| 60 | N60 |
| 61 - 72 | N72 |
| 73 - 84 | N84 |
For GAP customer service, call (503) 336-9872 or visit Beaverton Toyota . For more information on GAP, just ask Beaverton Toyota.
- Type and availability of GAP vary by state. GAP may not be available on finance and lease contracts in some states.
- Total auto insurance settlement before deductible is applied.
- GAP includes up to $1,000 of your auto insurance deductible (if applicable) in most states.
- Deficiency balance at time of total loss.
- Less any delinquent payments, taxes, and past-due charges. See agreement, certificate, or waiver or complete details. Some restrictions may apply.
