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GAP/Warranty/DentGuard
Protection for ease of mind.

Protect Your Purchase

Red River Credit Union’s comprehensive suite of protection products keeps you covered for both the expected and unexpected costs of vehicle maintenance and repair. Knowing your vehicle is covered can go a long way toward a carefree ownership experience. Our products offer all the coverage you need to relax and enjoy the ride.

GAP Protection - Close the gap between the cash value and your loan balance.

Extended Warranty - Covers your vehicle’s mechanical and electrical components.

DentGuard - Covers the exterior of your vehicle.

Click the title bars below for details and CONTACT US at any time during or after purchasing your new vehicle.

  • GAP PROTECTION

    What's GAP Protection?

    GAP Protection is valuable coverage offered to car buyers as part of the auto loan process. GAP is a coverage that pays the difference between the actual cash value (ACV) insurance company settlement and the eligible balance of the member's loan in the event the vehicle is stolen or damaged beyond repair.

     

    Here’s how GAP works

    The buyer secures a loan for a vehicle; in the first two or three years, the vehicle depreciates in value faster than the loan balance declines. The vehicle is totaled in an accident or is stolen and unrecovered, the car buyer's insurance company may pay only the actual cash value of the vehicle. The actual cash value may NOT pay off the balance of your loan. The buyer is left with a GAP, an unpaid balance they still owe to the lender. A large financial burden in the event of a totaled or stolen and unrecovered vehicle. It's that simple! GAP could cover the unpaid balance!

     

    What kind of vehicles can GAP cover?

    Non-commercial autos and trucks one ton or less.

    What does GAP cover?

    • 60 day "free look"
    • Autos, Non-Commercial Trucks (one ton or less) and SUVs the original loan amount is unlimited
    • GAP coverage to $50,000
    • Up to 150% of MSRP financing covered
    • Up to 150% of NADA retail including add-ons
    • Loan terms up to 84 months
    • Pays the GAP difference between your loan balance and actual cash value (ACV) Auto Insurance settlement when an unrecovered theft or total loss occurs.

     

    What does GAP Protection Cost?

    A one-time fee of $450, and we can finance it with your car loan!

     

    CONTACT US at any time during or after purchasing your new vehicle.

    Insurance and financial services are available to credit union members, but are not guaranteed or provided by Red River Employees Federal Credit Union. Not NCUA insured.

  • EXTENDED WARRANTY

    Red River Credit Union is very excited to offer our members four different personalized Mechanical Breakdown Protection with ASG extended warranties. Some of the great benefits you’ll experience with these extended warranties include: a live operator answers all calls, emergency roadside service, lock-out assistance, and Rental Vehicle Assistance! 

    Choose from Four plans:

    • Platinum Protection – includes all components listed in Gold, Silver and Copper, extended coverage for virtually all of your vehicle’s mechanical and electrical components.
    • Gold Protection – Choose the Main Street option for 2002 or newer vehicles with mileage between 0 & 140,000 miles to cover your drive train and major systems like steering and air conditioning. 
    • Silver Protection – Choose the First Street option to cover the drive train on any vehicle regardless of year or mileage. 
    • Copper Protection – Choose the Main Street option for 2002 or newer vehicles with mileage between 0 & 140,000 miles to cover your drive train and major systems like steering and air conditioning. 

    CLICK HERE to see the brochure for all four plans. CLICK HERE for Spanish version. 

    CONTACT US at any time during or after purchasing your new vehicle.

  • DENTGUARD®

    What is Paintless Dent Repair?

    • PDR uses an innovative process to remove dents and dings from your vehicle's metal panels.
    • Repairs are made by our nationally certified PDR Technicians.
    • Covered both horizontal and vertical panels including the hood, trunk and roof.
    • Your vehicle is repaired easily, quickly and at your convenience.
    • Less costly than traditional dent repair methods because no sanding, painting or body fillers are required.

     

    Automatic Deductible Reimbursement (ADR) Coverage Gives You:

    • Deductible reimbursement for up to $500 of your deductibles for both comprehensive and collision claims
    • Expanded benefits for all family members listed on your automotive insurance policy

     

    The Benefits of DentGuard® + ADR:

    • Lifetime repair guarantee.
    • Unlimited number of PDR repairs.
    • $0 deductible for qualified PDR repairs.
    • Both new and pre-owned vehicles are eligible.
    • Transferable PDR coverage.

     

    CONTACT US at any time during or after purchasing your new vehicle.

Lending Options To Meet Your Financial Needs

Not signed up for Online Banking? CLICK HERE, call us at 903-735-3000 / 800-822-3317, or visit a local branch to get started.