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GAP Insurance > Finance Explained > Audi Financial Services > Audi Ireland
S5

GAP Insurance

Owners and Customers

GAP Insurance
Audi Finance

Audi GAP Insurance products are designed to ensure that if the unforeseen happens, you and your Audi have the best protection you need. Our GAP insurance (also known as Guaranteed Asset Protection) helps to bridge the payment GAP between the settlement amount from your motor insurer and the original purchase price of your car.

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Audi Service

How does GAP Insurance work?

If, for example, you purchased a vehicle costing €30,000 and it is written off after 24 months, your motor insurance provider may only pay out the current market value which might be €22,000 to replace your Audi with another model worth €30,000 you would need to find €8,000. However, with our GAP Insurance, which provides return to invoice price cover (RTI), you could be paid the missing €8,000.

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Audi Finance

So if your car is written off, or stolen and not recovered, the additional worry of finding the money to purchase a replacement Audi could be taken away. We think you deserve another new Audi if yours is no longer with us. Audi GAP Insurance provides you with the following additional cover:

Return to invoice price GAP, or RTI as it is also known pays the difference between the original net invoice purchase price of your Audi and the total loss settlement paid to you by your motor insurer. The original net invoice purchase price includes all factory fitted accessories and any discount given. (Audi retailer fitted extras or accessories are also included up to a total value of €500) but excludes motor tax, dealer delivery charges, fuel, paintwork and/or upholstery protection kits, insurance premiums, warranty premiums and any such associated costs and any negative equity.

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Finance is provided by way of Hire Purchase Agreement from Volkswagen Financial Services Ireland and subject to lending criteria.
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The specified fuel consumption and emission data have been determined according to the measurement procedures prescribed by law. Since 1st September 2017, certain new vehicles are already being type-approved according to the Worldwide Harmonized Light Vehicles Test Procedure (WLTP), a more realistic test procedure for measuring fuel consumption and CO2 emissions. Starting on September 1st 2018, the New European Driving Cycle (NEDC) will be replaced by the WLTP in stages. Owing to the more realistic test conditions, the fuel consumption and CO2 emissions measured according to the WLTP will, in many cases, be higher than those measured according to the NEDC. Therefore, the usage of CO2 emission values measured according to WLTP for vehicle taxation from 1st September 2018 on can cause changes in this regard as well. For further information on the differences between the WLTP and NEDC, please visit www.audi.de/wltp.

We are currently still required by law to state the NEDC figures. In the case of new vehicles which have been type-approved according to the WLTP, the NEDC figures are derived from the WLTP data. It is possible to specify the WLTP figures voluntarily in addition until such times as this is required by law. In cases where the NEDC figures are specified as value ranges, these do not refer to a particular individual vehicle and do not constitute part of the sales offering. They are intended exclusively as a means of comparison between different vehicle types. Additional equipment and accessories (e.g. add-on parts, different tyre formats, etc.) may change the relevant vehicle parameters, such as weight, rolling resistance and aerodynamics, and, in conjunction with weather and traffic conditions and individual driving style, may affect fuel consumption, electrical power consumption, CO2 emissions and the performance figures for the vehicle. Further information on official fuel consumption figures and the official specific CO₂ emissions of new passenger cars can be found in the guide “Information on the fuel consumption, CO₂ emissions and electricity consumption of new cars”, which is available free of charge at all sales dealerships and from DAT Deutsche Automobil Treuhand GmbH, Hellmuth-Hirth-Strasse 1, 73760 Ostfildern-Scharnhausen, Germany (www.dat.de).
VHost
www.audi.ie
Version
122.0.8
Build
20210726060422
Frontend
122.6.0
Rendertime
20210730010106
StaticVersion
20210726060422
Activated Scopes
Context Scopes