Promoted: Free 30-day GAP policy for PHers with ALA

knitware - that's great, thank you!

Hi TroubledSoul, hopefully I can help make that a bit clearer. The difference between them is very slight and mostly down to personal preference.

First of all, whichever policy you decide to take, if the finance settlement figure is the higher amount at the time of a total loss this is the amount we will pay up to to from your insurer's settlement so that you are not left with any finance on a car you no longer have.

If you have a Back to Invoice policy and the invoice price is more than the outstanding finance, it will pay the difference between the settlement from your comprehensive motor insurer and the original cash price of the car, so the top up is up to the amount shown on your purchase invoice.

Alternatively if you have the Vehicle Replacement policy this will pay the difference up to the replacement cost of another 2.5 year old vehicle of the same make, model, specification and mileage as the car you are collecting on Saturday, even if that is more than you originally paid. It is protecting you from price rises and so could be more than the invoice price you paid. Also, if you have had any discounts on the original purchase price this protects you in the event that is not available next time.

The money from either policy is paid to you directly, it is just the amount we pay up to that varies depending upon which policy you choose. Once you have received settlement from us and your insurer, the finance can then be cleared and any monies remaining are yours to use as you wish.

If you're happy to be paid up the invoice price and are not worried about price increases, then Back to Invoice would be perfectly suitable for you. If you're concerned the car might cost more in the future then the Vehicle Replacement would be a better option.

I know you've spoken to my colleague in the meantime but hopefully this will help anyone in the same position.

Any other questions please let me know

Thanks
Katie

Thank you and sorry about the delay, I'm glad it helped you to decide which policy was best

Thanks
Katie

No problem Moose1978, if you follow this link you'll be able to get a quote.

Where it asks for cost of car use either the vehicle list price or its P11d value, select the length of policy you need and the system will suggest a level of cover/GAP claim limit. With this last part you can tailor it further to your requirements; we base it on your total payments over the course of the contract with a bit extra on top for residual value, but this may vary depending upon your individual contract.

Anything else drop me a line

Thanks,
Katie

Hello,

Can I ask what figure I should use for the full list price of car? Is it what I paid (it's a pre reg vehicle) or what it would cost new? I suspect it's the latter...

Thanks,
D.

That's great. Thank you.

Hi rongagin

No problem at all you're welcome!

Thanks,
Katie

Hi mark944gold

You're right, that government grant for EVs isn't going to be available forever and this why we suggest the Vehicle Replacement + policy rather than the Back to Invoice +. This is because the Vehicle Replacement policy will pay up to the replacement cost of another brand new Nissan Leaf, even if it is more than you originally paid. This means that should the grant be withdrawn you can still get the same vehicle without having to pay the extra cost. If you're getting a quote online you would use the full list price.

I hope this helps if you have any other questions please get in touch.

Thanks,
Katie

Hi oilslick

We can do that for you so that you can take advantage of the discount, as long as the vehicle falls within the other limitations of the policy in terms of mileage etc. The system won't allow you to proceed online with a start date that is more than 30 days in advance so if you would like proceed with a quote and to run through the details please feel free to contact me on 01653 916301 or by email katie@ala.co.uk

Many thanks,
Katie

Hi Rick101

You're right, comprehensive insurers do tend to only offer new for old for the first year of ownership (and it isn't always the best thing to rely on with a lease car, but that's another story!)

It may be something we can cover for the remaining year but it would probably be easiest to speak about it directly, as the website won't allow you to get a quote after 1 year.

Please contact me on 01653 916301 or by email katie@ala.co.uk and we can run through the details

Many thanks,
Katie

Another happy customer here. I've just bought a better policy *much* more cheaply than was being offered by the manufacturer.

Can I also say that I emailed ALA a few months ago with some queries, and it was you who replied Katie. A more comprehensive reply I could not have wished for, and it was partly this excellent customer service that convinced me to buy insurance from you.

Thank you!