WE DON'T LEND IT & LEAVE IT.
Tendto has a number of products and services to benefit you throughout the life of your loan.
Guaranteed Asset Protection - GAP Explained
Get GAP with Deductible Assistance and don’t let a wrecked vehicle wreck your finances.
Guaranteed Asset Protection (GAP) is a great way to protect your finances if the value of your vehicle is less than the amount of your car loan. A good rule of thumb is to assume your new vehicle will lose on average 19% the first year you own it, half of which occurs immediately after taking possession.* This leaves a “gap” between what you owe on your loan and the value of your vehicle. In the event of a total loss due to an accident or theft, GAP is designed to cancel the difference between what you owe on your loan and the amount paid by your primary auto insurer. Now you also get Deductible Assistance with your purchase of GAP. Deductible Assistance is designed to cancel part of your debt when a comprehensive or collision claim is paid and a deductible is incurred. This means you’ll have one less expense you may have to worry about if something happens to your vehicle.
Call us today to learn more about how you can add GAP with Deductible Assistance to your vehicle loan!
Mechanical Repair Coverage (MRC)
The miles can add up but the repair costs don’t have to.
MEMBER’S CHOICE Mechanical Repair Coverage can help deflect some risk of costly future, covered repairs keeping your vehicle running extra miles and extra years. With different coverage levels and deductibles to choose, there’s a plan to fit your family’s budget.
Whether you depend on your vehicle for work or getting your family to school and activities, you need transportation that’s safe and reliable. The older your vehicle, the more it takes to keep it in good working order. Not making small repairs can lead to even more expensive repairs and ignoring other repairs can be dangerous.
Benefits of the program:*
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Good at any authorized repair facility in the U.S. or Canada
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Rental reimbursement: up to $35 per day for 5 days (up to an additional 5 days for a verifiable parts delay) from day one.
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24-hour emergency roadside assistance: up to $100 per occurrence. Includes towing, battery jump start, fluid delivery, flat tire assistance and lock-out service.
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Travel expense reimbursement: up to $500 for lodging, food and rental expense when a covered breakdown occurs more than 100 miles from home.
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Transferable: if you sell your vehicle privately, the coverage can be transferred for a fee, adding resale value and appeal.
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Cancelable: receive a full refund within the first 60 days or a pro-rated refund thereafter less an administrative fee.
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No out of pocket expense at time of mechanical repair: (except for any deductible and any repairs not covered by the policy) – the covered repair is paid directly to the authorized repair facility.
Ask about deductible options.