A unique rear hatch, finished with a replaceable panel to reduce the cost of accident repair, allows the rear of the body to smoothly transition to the rear bumper. This permits a more custom look and also eases the act of loading and unloading cargo.

http://wheels.fosfor.se/acura-rdx/



BTW: anyone get Gap insurance? Never heard of it till the other day. But after purchasing this vehicle, sure would be nice after a MVA, to get back the 30% cost I lost when I drove it off the lot!

 

Yes I got it and it was 500.00 Heres why. My payoff today is about 33,000. Lets say in a few days my car gets t-boned or stolen and they declare it a total loss which is more common than people think nowadays. The insurance says well we dont care that the msrp is 37,000 and that you paid 37000. We now know that these are selling for 32000 with some mileage on them and we think yours is worth about 29500 so heres your check.Now I still owe American honda finance 33xxx with interest to pay it off. Thats a differance of say 3500-4000 I have to pay out of my pocket. Gap insurance will cut them a check for the differace and you owe nothing. Now lets say the RDX really tanks over the next year and I owe say 26000 an they say its worth 20000. I would owe 6k differance. You get the picture. Think about when the RL came out and people bought them for 50k and they started selling them for like 41-42k Now throw in tax tags and some accesories and someone could have a payoff of around 52-54k if they total it after purchase and the insurance would give them a check for say 40k. Know they owe the bank 12-14k. 500 is nothing compared to that kind of change. Also check with your insurance carrier because some offer it for a couple xtra dollars a month.

 

thanks a bunch, it seems it's a no brainer. I called Liberty Mutual and they cover me for the full cost of the car for the first 12000miles or 1 year (only because I purchased a new car) Not bad. they also said I have to purchase the gap insurance through the finance corp. So did you get it through honda? I wonder if it will cost more if I wait to purchase it after my first year of ownership or 12000/miles. Also, does Gap cover you only during the loan period?

 

GAP will only cover you through the loan period. If you are a member of a credit union you may want to try them first if they offer coverage. As part of my job I administrate GAP for the credit union that I work for. Dealers really make a profit on it. The cost to our members is only $135 as compared to most dealerships charging $500 or more.

 

finally just called the dealership and spoke with the financial consultant who reminded me that I signed a paper, amoung the many, the day of purchase, that I am covered through honda financial corp. They have Gap built in, and they call it "Total Loss Protection Ins"

So, I guess My car insurance offers gap for free for one year, and Honda offered it at NO ADDITIONAL COST for the life of the loan.
There, I'm happy now.

 

What your insurance offers as "New Car Replacement" and gap insurance are not the same thing. The new car replacement offered by the insurance company will replace your car with a new car as opposed to what insurance usually does which is pay you the current value of your car.

Gap insurance is designed to pay off your loan if it exceeds the value of the car (you are upside down in the loan). It will pay the difference between the value of your car and the outstanding loan balance. If you have new car replacement on your insurance policy then I don't see how the loan on the car could exceed what the insurance company would be paying you on the claim unless you rolled other items into the loan like negative equity on a trade.

 

Ah, that wasn't mentioned, yes I have "New car replacement" for one year with Liberty Mutual , which is fine with me. With the gap coverage from Honda for the life of the loan, I'll be driving a new car and finish off paying the life of the old loan. I think that's right. That's a pretty good deal if my car insurance is willing to eat the depreciation of my newly replaced vehicle. It's all good if you lose the car within the first year.

 

Unless you leased the vehicle, you don't have GAP at no extra cost. AHFC includes GAP on every lease, it's not an option. AHFC offers GAP on their retail contracts, but it does cost extra. The financial consultant you spoke with probably just wrapped it in and included it in the payment you were quoted. Thats one of the things you need to be aware of when you are "in the box", some F&I guys will include various warranties or insurance policies into the deal when they quote you a payment.

 

upon looking this up. You are absolutely right! unless you live in New York. And in this case, it was free

Gap assurance (Total Loss Protection)
Although you may intend to keep a vehicle for the full term of a lease, an accident or theft could cause early termination. Most auto insurance policies pay the average market value of the car, which may be considerably less than the remaining lease obligation. Leases from Honda Financial Services include "gap" protection to cover this difference in the event of such a loss. This is a very desirable feature to look for in your lease. If you are purchasing a vehicle outside New York, you may be able to purchase gap assurance coverage from your dealer.

Note: A retail installment contract from Honda Financial Services includes gap assurance only if the vehicle is purchased in the state of New York.

quote: HFS website

 

Sorry, it sounded to me like you might be confusing the coverage of new car replacement and gap insurance when you asked if it was for the life of the loan because that is the purpose of gap insurance - to pay off the loan. So, how would you have it without a loan?

 

No tonia, you're correct as to thinking I was confused. Liberty Mutual didn't say anything on the phone about new car replacement. I asked about Gap, and they said yes, for one year. When you mentioned replacement, then I looked it up, and sure enough, I was misinformed by Liberty Mutual. Thanks for clearing that up. I should have asked... does gap cover throughout the loan period.

I any event, now I'm clear.

 

Glad it is all clear now and I'm glad you brought it up because I've been meaning to have new car replacement added to my auto policy and kept forgetting to do it. So, I called today to get the information