With the new service, Navistar waives the difference between the amount owed on the vehicle and the proceeds paid by the customer's physical damage insurance provider.
"We're committed to providing the financing products and services that our customers need to operate their businesses, and GAP is especially valuable in today's marketplace, where used trucks are valued at relatively low amounts," said Trish Reed, vice president, business operations. "GAP coverage helps customers to lower their risk and gain peace of mind in knowing that they are protecting their vehicle investment."
Navistar Financial is an affiliate of Navistar International Corp.
More info: www.navistarfinancial.com