Nissan’s standing as one of the world’s biggest automotive companies was built on the enormous global success of its Z-car, a sharp European-style sportster that succeeded in bringing chic sporty styling to the mass market in the early 70s. The Z-car series has continued in a similar vein ever since, right up to the 370Z coupe from the current range.
Over the years small, affordable models like the Micra have proved enormously popular, helping to develop the company’s reputation for great value and dependability. Recent years have seen Nissan introduce innovative hybrid concepts and adventurous styling to its collection in the form of crossover SUVs like the Qashqai and Juke.
Why do I need Nissan GAP insurance?
Put simply, Nissan GAP insurance is a great way to ensure that you aren’t caught short in the event of a write-off. No one likes to contemplate the worst-case scenario, but the facts are hard to ignore. Nearly half a million cars are written-off in the UK every year, so it makes sense to protect yourself accordingly.
You may be happy with your car insurance policy but there’s a very good chance it will come up short in the event that your car is written-off or stolen and you need to claim its full value.
Most insurers only pay out the current market value of a car in such circumstances, a sum that’s almost always well short of the price you’d have to pay for a new like-for-like replacement.
It’s therefore important to consider depreciation which, sadly, tends to kick in the moment your shiny new Nissan departs the showroom forecourt. After three years it’s likely that your car will have decreased in value by 60%, meaning the insurance payout on a three-year-old Nissan is likely to be around 60% less than the price you paid for it.
If you purchased a new Nissan Qashqai for £25,000, its value may have dropped to £10,000 three years later. Therefore, the insurance payout on a three-year-old Qashqai in the event of a write-off could be £15,000 less than the price you paid for it. That’s a lot of money to find just to buy a new replacement.
What do I get with MotorEasy?
If you want truly comprehensive cover MotorEasy® GAP insurance offers you the protection you need. Essentially, GAP insurance covers the gap between a depreciation diminished payout and the price of a shiny new replacement car, ensuring you won’t need to find extra funds to replace your Nissan.
GAP cover makes even more sense if you’re paying for your car with a leasing arrangement or PCP financing, which could leave you exposed to considerable debt in the event of a write-off.
Available for all cars up to 8 years old (or with up to 80,000 miles on the clock), MotorEasy® GAP Insurance represents a smart, easy and affordable way to remove these risks and enjoy your Nissan.
Car write-offs are more common than many motorists imagine. In fact, more than half a million cars are written-off in the UK every year. While it may not be a scenario anyone wants to consider, the threat of a write-off is real enough to justify the extra protection GAP insurance offers.
But what does a write-off look like? You’re probably picturing a vehicle that’s been irreparably damaged in an accident, but accidents aren’t the only cause. Theft also accounts for a large number of write-offs every year. In fact, statistics show that the threat of car theft is on the rise. 112,174 motor vehicles were stolen in the UK in 2017/18, which is the equivalent of roughly 307 every day. Sadly, that figure also represents a significant increase on previous years and the continuation of a 50% upsurge in car theft over the last five years.
Getting your Nissan GAP Insurance quote
Securing your MotorEasy® Nissan GAP Insurance quote is quick and easy with our straightforward process. Visiting our GAP Insurance page will give you all the information you need to obtain a GAP Insurance quote in moments.