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Now you can get your new or used car financing options pre-approved through our Mac Haik Ford Pasadena website. Just go online and complete a short form that asks you for your basic information and in moments you will know exactly where you stand.

It just makes sense to know exactly where you stand in regard to your ability to purchase your automobile before you make a trip to our dealership. In this way, you will have all the freedom to search for the exact vehicle that suits your needs without having to worry or be anxious about the unknown…

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— Adulting101.how (@adulting101how) September 25, 2017

Gap insurance comes in when the car owner has incurred a loss but has a balance on loan larger than the book value. The car owner can buy gap insurance to protect themselves from an arising loss that they can undergo when the total compensation from the loss fails to meet the amount the insured owes the lease agreement.

For instance, let’s say you own a car that is worth $12000 and you still owe a bank a car loan of $16000. And…