Equity Protection

Protect your Total Vehicle Investment by adding PowerBuy to your vehicle purchase. PowerBuy provides up to $10,000 in depreciation coverage. So, while GAP Insurance may cover the insurance payout vs. what you still owe—PowerBuy Equity Protection helps cover the amount needed to replace your vehicle! If you’re facing a situation where your auto is totaled or stolen, your primary insurance carrier will only reimburse you for the actual cash value of your vehicle at the time of loss. The payout they offer may not cover the added cost to completely replace your asset. Pick up PowerBuy coverage to assist you in those times:

Summary of PowerBuy Features and Benefits**

• Helps protect your investment by reimbursing you for depreciation experienced in the event of a total loss of your vehicle.
• Pays you the difference between the original purchase price of your vehicle and the actual cash value (ACV) as determined by your primary auto insurance payout.
• Your benefit amount will be up to $10,000 towards your cash down to purchase a replacement vehicle.
• Applies to Finance, Lease or Cash customers
• 48 months of coverage.
• Benefit paid upon returning to the selling Griffin dealership, to purchase your replacement vehicle.

PowerBuy-How it Works

Disclaimer:

*Cash Selling Price prior to the addition of any tax, title or documentation fees.

^As determined by your primary insurance carrier at the time of loss.

**See Waiver for additional terms, conditions, limitations and exclusions.