I was told GAP insurance would only add $5.00 per month to our payment. Sounded good so we took it. Later I reviewed my loan documents and noticed $895 for GAP insurance. Doing the math, my loan was for 66 months and $5.00 multiplied by 66 is $330. I emailed my sales guy and explained my problem. Another sales guy calls me back. Says the $330 is correct for GAP and the other $565 was to "buy my interest rate down by 2 points". Told him I have never heard of that and the finance guy did not mention it. I asked why, because my credit rating is 800 and my son's was near 700, plus we paid $4,000 down on the vehicle. Came up with some excuse that it must be because my son is young and not a lot of credit. But I say my son has nearly a 700 credit rating and he comes up with some more possible excuses for the "rate buy down". And then goes on to say the $565 to buy the rate down by 2% will save me money in the long run with the lower interest rate!!! I also ask "then why wasn't that broken down on the loan document" and again, more excuses. I later email them back and ask them to send that breakdown to me in an email and detail what was told to me over the phone about buying down the interest rate and the actual cost of the GAP. They would not do it and said I would have to come in to the dealership and get the business manager to explain my contract. So I contact the bank where the loan is through and ask them about the GAP. They say the full $895 is for GAP and they pay it out as the loan balance goes down. I ask about "buying the rate down". They had no clue what I was talking about and when I explained it, the person literally laughs at what I told him. Said "all I can tell you is the full $895 is for GAP and if it was for anything else, it should have been listed on the loan document". Needless to say, the guy straight out lied to me regarding the money going for GAP and "buying the rate down". So I checked out my GAP insurance documents and found that it can be cancelled within 30 days with no termination/processing fees and you can get the full amount credited back on your loan. Even after I cancelled it, I had to call back and make sure it got processed within the 30 day timeframe. All I can say is that if you finance it through them, you better take a look at each number listed on your loan document. And by the way, there is not much use in contacting an attorney about this. The one I contacted said they get stuff like this all the time about car dealers and for the money involved, it would cost more in legal fees than it would be in what you could recover by suing them.