Just because someone finances a car, it doesn't mean they automatically have gap. I financed my car at 1.95%. I would have paid cash, but it didn't make sense to because some of my accounts earn well over 3%. I'd lose money paying cash. Instead, I negotiated a sweet deal and got the car for about $3,000 under any book value you want to reference. I also put $1,000 toward it during the sale just for extra insurance that I wouldn't owe anywhere close to the value it's actually worth. So I 'owe' $12,000 on a $16,000 car. Both the dealer and my credit union tried pushing gap on me. I laughed in their faces and said "do I look stupid to you? I decline." I'm going to be rounding my payment up to the next $100 each month anyway (my payment is $246, so each month $54 goes direct to principal. There is zero chance I'll ever need gap. Perks of buying smart and properly managing finances. So why would I pay for a service designed for someone who makes bad decisions?