Gap Lease End Protection Brochure - Audi USA

Transcription

Audi Pure ProtectionGuaranteed Asset Protection Plusand Lease-End Protection

Your best bet for aworst-case scenario.We want your Audi experience to be a positive one. And if youfinanced the purchase of your Audi, you want to protect yourinvestment. A financial gap occurs when the amount yourinsurer pays falls short of your finance agreement balance.If your Audi is ever declared a total loss due to an accident,theft, or natural disaster, your gap and your primary insurancedeductible can easily add to up to thousands of dollars.GAP Plus benefits1: Covers finance agreement balance/amount financed up to 150% of thevehicle’s MSRP/NADA value Waives covered losses up to 50,000 Includes coverage for your insurancedeductible up to 1,0002How GAP Plus protects your investment:Here’s an example of how a GAP Plusproduct would cover a vehicle declareda total loss due to an accident:Outstanding financeagreement balance 55,000Dollar Value ( )Guaranteed Asset Protection PlusAudi Guaranteed Asset Protection (GAP)Plus waives the difference between yourprimary insurance settlement and theoutstanding balance on your vehicle’sfinancing, subject to terms and conditionsof the program. In addition, you’ll receivea 1,000 credit toward the purchase ofa replacement vehicle at your sellingDealership.4 It’s your best bet for addedprotection in a worst-case scenario. 55,000Balance of FinanceAgreementGAP 51,000Insurance assessment ofvehicle’s Actual Cash Value– 51,000Amount you owe 4,000Primary insurance deductible2 1,000Your potential expense 5,000Coverage exclusions may apply3:Waived by GAP Plus– 5,000Total Amount You Owe 0 Any amounts or terms exceeding theprogram maximumsGAP Plus Benefit 1,000Vehicle Actual Cash Value Transferable for a 50 fee if anotherprivate party assumes your financeagreementThis example is for illustrative purposes only. ActualGAP Plus waiver benefit calculations will vary based onspecific circumstances. Cancelable at any time; after 30 days,subject to a 50 fee3GAP Plus is not available for purchase ona leased vehicle.GAP Plus coverage offers a 1,000credit available at the selling Dealer tobe applied toward the purchase of areplacement vehicle.4Term of Finance Agreement (Time) The following deductions made by theprimary insurer: prior damage, salvage,missing items, excess towing, customequipment, and storage Total losses resulting from dishonest,fraudulent, or illegal act (such as DUI) Vehicles used for competitive racingor a prohibited commercial purpose1 Please consult your GAP Plus Addendum for details. Programs vary by Dealer/lender/state. Maximum eligibility limits and certain exclusions apply. Note that you remainresponsible for past-due payments, late fees, and other charges on your finance agreement.2 Deductible coverage not available in all states.3 Please consult your GAP Plus Addendum for complete cancelation rules, including state-specific cancelation rules.4 GAP Plus is not available in all states. You must receive a GAP waiver benefit to be eligible for the 1,000 credit at the selling Dealer.5 Additional exclusions may apply. Please consult your GAP Plus Addendum for specific coverage details, including limitations and exclusions.

Lease-End ProtectionEnd yourlease on thehighest ofnotes.We’re confident that leasing an Audi willexceed your expectations. And while youare thoroughly enjoying your new vehicle,there is the potential for excess wear-andtear charges at lease end.Lease-End Protection benefits2:Coverage of items such as: Waives covered excess wear-and-tearcharges up to 10,000 Paint wear and exterior surface dents,scratches, chips, pits or cracks, anddiscoloration Waives up to 500 excess miles Covers charges for missing parts up to 150 in total No deductible Transferable for a 50 fee if anotherprivate party assumes your leaseagreement Cancelable at any time; after 30 days,subject to a 50 fee3That’s why we offer optional Audi LeaseEnd Protection.1 It covers up to 10,000of excess wear-and-tear charges forinterior stains, tire wear, chips, dents anddings, and more at the end of your lease.This way, you can enjoy your leased Audiand end your lease on the highestof notes.Coverage exclusions may apply4: Any itemized excess wear-and-tearcharge that exceeds 1,000 Interior upholstery surface rips, tears,stains, burns, and spotting Repairs performed prior to leaseagreement termination Front and rear windshield and sideglass chips Charges for alterations ormodifications to the vehicle Carpet rips, tears, stains, and spotting If vehicle is used for competitivedriving, racing, or a prohibitedcommercial purpose Side and rear view mirrors (glass,surface, and mechanical/electrical) Front and rear door, hatch, and tailgaterubber seals Any charges caused by Customer’swrongful or intentional acts Head lamps, tail lamps, and light bulbs Bumpers, bumper covers, step bumpers,and surrounding bumper trim Convertible tops, including trim andmoldings Audio equipment, speakers, and systems Badges and body insignia Tire wear And much more 1 Lease-End Protection is available only if you lease your vehicle through VW Credit Leasing, Ltd.2 Lease-End Protection is not available in New York.3 Please consult your Lease-End Protection Addendum for complete cancelation rules, including state-specific cancelation rules.4 Additional exclusions may apply. Please consult your Lease-End Protection Addendum for specific coverage details, including limitations and exclusions.

Peace ofmind comesstandardwith optionalcoverage.

AudiPureProtection.comAll transactions related to the optional Audi Pure Protection program are governed solely by the provisions of the applicable Addendum. This document andits contents provide general information about the Audi Pure Protection program and should not be solely relied upon when purchasing coverage. Please referto the applicable Audi Pure Protection program Addendum for details of terms, conditions, and specific coverage details, including limitations and exclusions,transferability, and cancelability. Coverage may vary by state. Not all vehicle models may be eligible for coverage. Please see your Dealer for more information.This product is not required for you to obtain financing for the purchase or lease of a vehicle.The Administrator of Guaranteed Asset Protection (GAP) Plus included in the Audi Pure Protection program is Safe-Guard Products International, LLC, TwoConcourse Parkway, Suite 500, Atlanta, GA 30328, 1 (844) 368-6416, except in Indiana where the GAP Plan Administrator is VWFS Protection Services, Inc.,2200 Ferdinand Porsche Drive, Herndon, VA 20171, and the Claims Administrator is Safe-Guard Products International, LLC, Two Concourse Parkway, Suite 500,Atlanta, GA 30328, 1 (844) 368-6416.The Administrator of Lease-End Protection included in the Audi Pure Protection program is Safe-Guard Products International, LLC, Two Concourse Parkway,Suite 500, Atlanta, GA 30328, 1 (844) 368-6416.VW Credit, Inc. (dba Audi Financial Services) is a servicer for VW Credit Leasing, Ltd. and VCI Loan Services, LLC. “Audi,” “Audi Financial Services,” and the fourrings logo are registered trademarks of Audi AG. 2017 VW Credit, Inc. All rights reserved.AUG LBRRev 1/17

Primary insurance deductible 2 1,000 Your potential expense 5,000 Waived by GAP Plus - 5,000 Total Amount You Owe 0 GAP Plus Benefit 1,000 This example is for illustrative purposes only. Actual GAP Plus waiver benefit calculations will vary based on specific circumstances. GAP Plus is not available for purchase on a leased vehicle.