TALLAHASSEE, Fla., May 21, 2015 /PRNewswire/ — This month more than 3 million students will earn their high school diploma and an additional 1 million will graduate from college with a bachelor’s degree. Across the country, family and friends will gather with these proud graduates to celebrate and treat themselves to something big – and for some, this will mean a new car as a reward for the monumental achievement.
Few things in life match that sense of anticipation that comes with starting a new and exciting chapter in life, and a new set of wheels tells the world you’re ready for the challenge. The last thing any graduate wants is to lose their new vehicle in an instant through accident or theft. That’s why it’s so important to purchase a guaranteed asset protection (GAP) waiver before driving off the new car lot.
“Accidents strike without warning and can leave a stressful, costly impact in their wake,” said Tim Meenan, executive director of the Guaranteed Asset Protection Alliance. “A GAP waiver is the best way to make sure your costs are covered if you’re left paying when your car is totaled or stolen.”
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