Disclaimers

Maple Shade Mazda logo
Maple Shade Mazda
Sales Sales: (833) 222-7395
Service Service: (833) 222-7501
08052 2921 Route 73, Maple Shade, NJ 08052
  • New
        • View all 268 in Stock
           
        • CX-30
          CX-30
          60 in Stock
          from $24,225
        • CX-5
          CX-5
          133 in Stock
          from $28,570
        • CX-50
          CX-50
          33 in Stock
          from $30,485
        • CX-9
          CX-9
          9 in Stock
          from $40,025
        • CX-90
          CX-90
          6 in Stock
          from $47,275
        • CX-90 PHEV
          CX-90 PHEV
           
        • Mazda3 Hatchback
          Mazda3 Hatchback
          7 in Stock
          from $25,010
        • CX-90 PHEV
          CX-90 PHEV
           
        • Mazda3 Hatchback
          Mazda3 Hatchback
          7 in Stock
          from $25,010
        • Mazda3 Sedan
          Mazda3 Sedan
          19 in Stock
          from $25,015
        • MX-30
          MX-30
           
        • MX-5 Miata
          MX-5 Miata
          1 in Stock
          from $35,510
        • MX-5 Miata RF
          MX-5 Miata RF
           
        Shopping Tools
        • New Mazda Models
        • New Vehicle Specials
        • Get Pre-Approved
        • Value Your Trade
  • Pre-Owned
    • View all [5]
    • Cars
    • Trucks
    • SUVs & Crossovers [5]
    • Vans
    • Hybrid & Electric
    Price
    • Under $5,000
    • $5,000 - $10,000
    • $10,000 - $15,000
    • $15,000 - $20,000
    • $20,000 - $25,000
    • Over $25,000
    Features
    • New Arrivals
    • Nearly new
    • Over 30 MPG
    • Convertible
    • All-wheel drive
    • Moonroof
    • Leather seats
    • Heated seats
    Shopping Tools
    • Certified Pre-Owned
    • Pre-Owned Mazda
  • Specials
    • Special Offers
    • Service Specials
    • Mazda Connected Services
  • Research
    • The First Ever Mazda CX-90
    • 2023 Mazda CX-50 vs. 2023 Kia Sportage
    • 2023 Mazda CX-30
    • 2023 Mazda MX-5 Miata RF
    • 2023 Mazda MX-5 Soft Top
    • 2023 Mazda CX-9 vs. 2023 Toyota Highlander
    • 2023 Mazda CX-50 vs. 2022 Mazda CX-5
    • 2023 Mazda CX-50 vs. the 2022 Acura RDX
    • 2023 Mazda CX-30 vs. 2023 Hyundai Kona
    • 2023 Mazda CX-5
    • 2023 Mazda CX-9
    • 2023 Mazda CX-9 Trim Level Comparison
    • Mazda Model Brochures
    • New 2023 MAZDA CX-50
    • 2023 Mazda3 Hatchback in Maple Shade, NJ
    • 2023 Mazda CX-5
    • 2023 Mazda CX-50
    • 2023 Mazda CX-9 vs. 2023 Volkswagen Taos
    • 2023 Mazda CX-30 vs. 2023 Subaru Crosstrek
    • 2023 Mazda CX-9 vs 2023 Kia Seltos  
    • Mazda Factory Certified Benefits
    • Why Buy Mazda Certified Pre-Owned?
    • Consumer Reports Mazda Brand
  • Finance
    • Online Credit Approval
    • Value Your Trade
    • Schedule Test Drive
    • Mazda Consumer Reports
  • Service
    • Mazda Service Center
    • Schedule Service
    • Genuine Mazda Parts
    • Order Parts
    • Genuine Mazda Accessories
    • Tire Store
    • Mazda Digital Service
    • Service Specials
    • Mazda Recall Info
  • Collision Center
  • Customer Care Club
  • About Us
    • Our Dealership
    • Testimonials
    • Contact Us
    • Our Team
    • Careers
    • Our Blog
Sales Sales: (833) 222-7395
Service Service: (833) 222-7501
08052 2921 Route 73, Maple Shade, NJ 08052

Now that you've choosen your new Mazda , let's protect your investment and your finances also Guaranteed Auto Protection or “GAP Insurance”

Mazda dealer in Turnersville

Your Mazda Dealer in Maple Shade,  NJ

GAP Protection is an optional insurance policy that will cover the difference or “GAP” between your vehicle’s current market value and the balance remaining on your finance or lease contract, if the vehicle is deemed a “Total Loss” by your insurance company due to: theft, accident, fire, or flood.

Why do I need GAP Insurance?

All new vehicles start to depreciate once they are purchased an become used vehiles. If your vehicle were to be stolen and not recovered or totaled in an accident during this time, your insurance will typically only pay you the market value less your chosen deductible. The loan amount on you vehicle could be significantly more leaving you to come up with the difference out of your pocket.

How Does GAP Insurance Works?

Let’s say you buy a new car for $30,000. You make a $2,000 down payment, take out a $28,000 loan, and set up monthly $400 payments.

Four months later, you owe $26,400 on the loan and your car gets totaled in an accident. Your insurer estimates the used car’s market value and only pays you $24,000 for your loss but gives you $23,250 because of your $750 deductible. That means you have a $3,150 difference or GAP between how much you owe on the loan and the amount you received from your insurance carrier. That’s $3,150 you may need to put toward your next vehicle. Your GAP Insurance would cover that $3,150 difference for you and any deductible up to $1,000.

What are the benefits of GAP Insurance?

1. Pays the deductible, up to $1,000

2. Pays a deficiency balance up to $50,000

3. Coverage for loan amounts up to 150% of MSRP (new)/NADA retail (used)

4. Eliminates the liability of excessive depreciation or negative equity in the event of a total loss.

5. Clears the loan balance allowing customers to start fresh with a new vehicle purchase

6. Cancel-able and refundable – like service agreements, the customer can receive a prorated sum if they trade or sell the vehicle

7. Protects the customer’s investment

8. Provides customers with peace of mind (In the event of a total loss, they won’t have to worry about taking money from savings to pay any balance – or if no savings, paying the payment on a car they can no longer drive)

9. Enables the customer to afford a replacement vehicle in the event the vehicle is totaled

10. Helps avoid potential credit problems if customer is unable to pay negative equity

Who Needs GAP Coverage?

GAP coverage is highly recommended on any auto loan for consumers who:

Make a down payment of less than 20 percent

Roll negative equity from a previous car loan into a new car loan

Finance for 72 months or more

Finance a vehicle that depreciates very quickly (luxury, highly optioned, many domestic vehicles)

Lease a vehicle

GAP insurance is an optional purchase; however, many states in the US require that a car dealership offer GAP insurance at the point of purchase. A one-time payment of a few hundred dollars for GAP insurance could save you thousands if your car is totaled or stolen in its first few years of ownership, or at any time during a lease.

Maple Shade Mazda

Inventory

NEW VEHICLES

USED VEHICLES

MAZDA CERTIFIED PRE-OWNED

PRICED UNDER $20,000

Service

SERVICE DEPARTMENT

SCHEDULE SERVICE

ORDER PARTS

Shopping Tools

APPLY FOR FINANCING

TRADE-IN, TRADE UP


About

OUR STORY

CONTACT US

CAREERS


TERMS AND CONDITIONS  |  SITEMAP  |  RECALL INFO

COPYRIGHT © Maple Shade Mazda