Question on the benefits of GAP insurance - I read a long lost thread ages ago on the topic of GAP insurance on TMC that I cannot seem to locate to revisit and refresh my memory. I understand what GAP insurance is and the primary benefit of having it in the event the majority of the purchase is financed and the car is a loss, however someone had brought up another benefit or scenario that I can't remember for the life of me - why they always took GAP insurance option on a luxury vehicle. Since I can't find that thread, I'm posing the question. Besides the obvious of covering the different between the insurance payout and the remainder of a loan, what other benefit(s) would GAP insurance offer? Rephrased, what scenario would GAP insurance be valuable to have on a luxury car that would not be apparent to those that typically owned a lower priced vehicle?