If your vehicle is stolen or totaled, your insurance will only cover the fair market value, which is often less than what you still owe on your loan. This can leave you with costly out-of-pocket expenses.
GAP with PowerBuy helps protect you by covering this gap—and more!
How GAP with PowerBuy Works:
✅ GAP Claim – Covers the remaining loan balance after insurance settlement (valid for the full loan term).
✅ PowerBuy Depreciation Benefit – Provides up to $3,500 to help with the cost of a replacement vehicle when financing with USC Credit Union (valid for the first three years of the loan).
Key Benefits to You:
- Protects your credit score by preventing unpaid loan balances.
- Eliminates or reduces out-of-pocket expenses after a total loss.
- Helps you purchase a replacement vehicle sooner with up to $3,500 applied to your new loan.
- Available for autos, trucks, and motorcycles with loan terms of up to 84 months.
- Covers loan amounts up to $100,000 for autos/trucks and $50,000 for motorcycles.
- GAP remains active for the entire loan term.
- GAP costs $499 and may be fully refunded within 60 days if no claims are made.
Set up your coverage today!
GAP with PowerBuy can be added to both new and existing loans. If your loan is already funded, you have up to one year from the funded date to purchase GAP with PowerBuy.