Diminished Asset Protection

Protect your investment. Ensure your peace of mind.

Protection Snapshot

In the event of a collision, Diminished Asset Protection (DAP) offers up to a $5,000 credit towards the next vehicle purchase or lease.

Source: howstuffworks.com “How much does auto maintenance cost over time?”
Source: howstuffworks.com “How much does auto maintenance cost over time?”
 
Source: Lee, Thomas (4 October 2016). “Buy These 12 Cars Used, Not New Based on Study of 14 Million Cars”. Retrieved 2 November 2016.
Diminished Asset Protection (DAP)

Diminished Asset Protection (DAP)

Summary

If you have ever been in an accident, your vehicle’s trade in value may not be as much as you expected. If this happens, Diminished Asset Protection (DAP) can help by providing up to a $5,000 credit towards your next vehicle purchase or lease from your original selling dealer. Drive with confidence knowing your next vehicle purchase or lease is protected in case of an unfortunate incident.

Benefits1

If an accident occurs, DAP helps protect your wallet by providing:
  • Up to a $5,000 DAP Credit if the vehicle is physically damaged due to a collision accident
  • The DAP Credit will be provided towards your next vehicle purchase or lease when the original vehicle is traded in to the original selling dealer or an affiliated dealer
  • Includes coverage if cost to repair vehicle damage is $500 or more
  • If vehicle is involved in multiple accidents during the Agreement term, the highest DAP Credit amount resulting from any one of those accidents will be provided

1 Coverage may vary by Agreement.

For These Vehicles

  • Auto
  • Motorcycle
  • RV
  • Marine

For These Buyers

  • Cash
  • Finance
  • Lease

Contact your dealership for additional information.