Anybody taken this out? My own insurance only covers me for the first 12 months and obviously I need something for the length of the finance agreement. Any advice would be welcome

depends how much it costs and whether u think its worth it. I got it part of me deal but not that bothered about it unless in 2 half years it got blown up or something like.
but don't tell BlackRat!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

personally mate, i would definantly go for it... usually about £300 which can e added to the finance, so for a couple of extra quid you know at least the finance will be taken car of if it does get wrote off/stolen

I have had it I got mine from www.click4gap.co.uk

i got mine with the RAC, for £9 a month and will cover up to 5k difference on loss of the car :D

Takes for the advice and links guys, £9 is definatly cheaper than the dealer wants, so will be looking into that.

i did it cost bout £250 from the dealer well worth it me thinks ope i never have to use it .!!!

I've never really seen a huge point in it. If your insurance pays you back the value of the car you should be able to go and buy an equivalent car with that money. The fact you're still paying off the finance surely isn't that big a deal?

Or is it due to the fact that the finance is secured on the car and therefore you are forced to pay it off if the car is destroyed?

It means you can buy a brand new car, also finance companies really stitch you if you want to pay it off early (and you must pay it off straight away) unlike most bank loans.

finance companies really stitch you if you want to pay it off early (and you must pay it off straight away)

You mean you are forced to pay back the loan you took if the car is written off? i.e. could you not just keep paying the monthly installments even if you dont have the car any longer?

Sorry just trying to clarify this, my GF just bought a car and didnt take gap insurance (it's just a wee second hand clio) and I'm trying to establish if it's worth taking.

When my wife's car got written off the insurance company had to pay the finance company the balance owing to them before she got the rest of the money.
That's why when she got the replacement car we took out a bank loan rather than finance.

Aaaah... that's pretty crap. I'm paying for my new car with an unsecured bank loan, quite happy about that now!

Will maybe speak to the GF about gap insurance though in the end she would probably be just as well taking a bank loan to cover the difference / a new car if the worst happened.

Cheers for the info in any case! :)

aftermarket GAP insurance is the only way, much cheaper