Guaranteed Asset Protection / Return to Invoice (GAP Insurance)

Vehicle values can change quickly after purchase. GAP Insurance helps protect you financially if your vehicle is written off or stolen and not recovered.

If your insurer settles your claim, GAP Insurance may cover the difference between the insurance payout and either the original purchase price or outstanding finance balance, depending on the type of cover selected.

This helps ensure you are not left out of pocket should the unexpected happen.

In most cases, from the moment a vehicle leaves the dealership, it will start to depreciate at a rate that is dependent upon how old it is, and how many miles it has clocked.

In the event that a vehicle is written off as a result of an accident, fire or theft, most insurers will only pay out the market value of the vehicle at the time of loss. This is often considerably less than its original value, and could mean that there is a shortfall on the outstanding finance, or the cost of replacing it with an equivalent vehicle.

Depending on how you choose to purchase or fund your vehicle, we offer a range of products to protect you and your vehicle:

Finance GAP

This covers the difference between the amount your motor insurance company pays, and the amount required to settle your finance agreement. It will also cover any initial rentals and contribute towards your motor insurance excess.

Return to Invoice Insurance

Covers the difference between the amount your motor insurer company pays and the original invoice price of the vehicle, including manufacturer and dealer fitted accessories. In addition, it will also contribute towards a motor insurance excess.

Vehicle Replacement Insurance

VRI covers the difference between your motor insurers pay out and the cost of a new vehicle, despite any increases in cost as a result of model changes or inflation. Again, it will also contribute towards a motor insurance excess.

Premia Solutions GAP Insurance

Protect yourself financially in the event your vehicle is written off or stolen with Premia Solutions GAP Insurance, available at John Banks Group.

In the unfortunate event of a total loss, standard motor insurance will typically only pay out the market value of your vehicle at the time of the claim — which can be significantly less than what you originally paid.

GAP Insurance helps bridge that gap, ensuring you are not left out of pocket.

What Is GAP Insurance?

GAP (Guaranteed Asset Protection) Insurance is designed to cover the difference between:

• Your motor insurer’s settlement
  and

• The original purchase price of your vehicle or outstanding finance balance

This gives you peace of mind that your investment is protected.

Flexible Cover Options

We offer 36 or 48 months cover, depending on your needs, with pricing based on the value of your vehicle.

Transparent Pricing

Vehicles £5,000 – £25,000

• 36 Months Cover: £308

• 48 Months Cover: £401

Vehicles £25,001 – £50,000

• 36 Months Cover: £371

• 48 Months Cover: £480

Vehicles £50,001 – £100,000

• 36 Months Cover: £530

• 48 Months Cover: £697

Vehicles £100,001 – £250,000 (including models such as Alpine A110)

• 36 Months Cover: £530

• 48 Months Cover: £830

Why Consider GAP Insurance?

• Protects you from vehicle depreciation

• Covers the shortfall between insurance payout and original price

• Particularly valuable for new and nearly new vehicles

• Provides financial peace of mind from day one

Important Information

We believe in being fully transparent. GAP Insurance is entirely optional, and it is your decision whether this cover is right for you.

Our team will clearly explain how it works so you can make an informed choice, with no pressure.

Why Choose Premia Solutions GAP?

With straightforward pricing, flexible terms, and clear benefits, Premia Solutions GAP Insurance offers a simple way to protect your vehicle investment and avoid unexpected financial loss.

RAMP Cosmetic Maintenance Plan

Keep your vehicle looking its best throughout your ownership with the RAMP Cosmetic Maintenance Plan. Designed to protect your car’s appearance, this plan covers minor cosmetic damage that naturally occurs through everyday use over 24, 36, or 48 months.

What’s Covered?

Over the course of your agreement, your vehicle will benefit from upto four scheduled inspections per year (quarterly). Just bring the car to us or call the RAMP team who will send someone to inspect. These inspections are carried out by our specialist maintenance agents and focus on identifying any cosmetic damage that can be professionally treated.

Each inspection includes a thorough visual assessment of:

• Bonnet

• Boot

• Front bumper

• Rear bumper

• All exterior door panels

• Quarter panels

• Wing mirror casings

How the Plan Works

If, during an inspection, our maintenance agent identifies damage that can be repaired using approved cosmetic techniques, you’ll be able to claim for treatment under the plan.

Eligible damage includes:

• Minor stone chips and debris marks

• Light scratches and scuffs

• Surface scrapes

• Small dents and indentations

To qualify, the damage must:

• Be within a 30cm diameter on a single panel

• Fall within SMART (Small to Medium Area Repair Technology) repair capabilities, as defined in the Terms and Conditions

Repair & Claim Limits

Your plan includes generous repair allowances:

• Up to £1,000 per maintenance event

• Up to £3,000 over the duration of the agreement

• If SMART repair is not suitable, a £250 (incl. VAT) contribution towards body shop repairs will be provided

Important Information

• Repairs are available from the first quarterly inspection onwards

• Cover applies from the start date through to the end of your agreement

• All completed repairs come with a 12-month guarantee

Why Choose RAMP?

The RAMP Cosmetic Maintenance Plan gives you peace of mind that everyday wear and tear won’t diminish your vehicle’s appearance or value. With regular inspections and professional repairs, your car will continue to look as good as the day you drove it away.

What is it going to cost?

• 24 Months - £399

• 36 Months - £399.00

• 48 Months - £499.00

• Cover applies from the start date through to the end of your agreement

• All completed repairs come with a 12-month guarantee

Do not get caught out when you trade your vehicle and get charged for each dent cover or have to call someone out - get cover today!

RAMP Tyre & Alloy Wheel Maintenance Plan

Now available at John Banks Group on all new and used vehicles, the RAMP Tyre & Alloy Wheel Maintenance Plan is designed to keep your car safe, road-ready, and looking its best throughout your ownership.

Covering you for 24, 36, or 48 months, this plan protects against everyday wear and tear affecting your tyres and alloy wheels.

What’s Included?

Your vehicle will receive four scheduled inspections per year (quarterly), carried out by our specialist maintenance agents. These inspections ensure your tyres and alloys remain in excellent condition and identify any issues early.

Tyre Inspection Includes:

• Measuring tread depth across all sections of each tyre

• Checking for damage, including punctures

• Inspecting for contamination or foreign objects

• Assessing any ageing or deterioration of the rubber

• Identifying any previous repairs not in line with British Standards

Alloy Wheel Inspection Includes:

• Assessing the overall cosmetic condition of each alloy wheel

• Checking for debris marks, scuffs, scrapes, scratches, or minor indentations

How the Plan Works

If, during an inspection, our maintenance agent identifies damage that can be treated using approved repair techniques (as defined in the Terms and Conditions), you can claim for repair or replacement under the plan.

Tyre Cover

• Unlimited puncture repairs throughout the duration of your agreement

• If a puncture cannot be safely repaired, up to 5 tyres will be replaced during the term of the plan

Alloy Wheel Cover

• Up to 10 alloy wheel repairs for cosmetic damage such as:

  • Scuffs

  • Scratches

  • Scrapes

  • Minor dents or indentations

• If a repair is not possible, we will provide a contribution of up to £150 towards a replacement alloy wheel

What’s Covered?

Repairs and treatments are included where damage has occurred through normal day-to-day usage, including:

• Road debris damage

• Kerb scuffs

• Surface scratches and marks

• Minor cosmetic deterioration

Important Information

• Repairs are available from the first quarterly inspection onwards

• Cover applies from the start date to the expiry date of your agreement

• All work is carried out using approved repair methods and materials

Why Choose RAMP Tyre & Alloy Cover?

From unexpected punctures to kerb damage, this plan ensures you’re protected against the most common (and frustrating) issues drivers face. With regular inspections and expert repairs, you can drive with confidence knowing your vehicle’s safety and appearance are maintained.

What will it cost?

• All work is carried out using approved repair methods and materials

RAMP Tyre & Alloy Wheel Cover - £150 per Tyre Plan - 24 Months Cover - £199

RAMP Tyre & Alloy Wheel Cover - £150 per Tyre Plan - 36 Months Cover - £299

RAMP Tyre & Alloy Wheel Cover - £150 per Tyre Plan - 48 Months Cover - £329

RAMP Tyre & Alloy Wheel Cover - £250 per Tyre Plan - 24 Months Cover - £299

RAMP Tyre & Alloy Wheel Cover - £250 per Tyre Plan - 36 Months Cover - £399

RAMP Tyre & Alloy Wheel Cover - £250 per Tyre Plan - 48 Months Cover - £599

RAMP Tyre & Alloy Wheel Cover - £450 per Tyre Plan - 24 Months Cover - £399

RAMP Tyre & Alloy Wheel Cover - £450 per Tyre Plan - 36 Months Cover - £499

RAMP Tyre & Alloy Wheel Cover - £450 per Tyre Plan - 48 Months Cover - £599

Gen 3 Paint Protection

Available at John Banks Group for just £399, our Gen 3 Paint Protection is designed to keep your vehicle looking showroom-fresh from the moment you drive away.

Using the latest in paint protection technology, this advanced treatment provides a durable, high-gloss finish while helping to guard against the everyday elements that can damage your vehicle’s appearance.

What Is Gen 3 Paint Protection?

Gen 3 is a professionally applied protective coating that bonds to your vehicle’s paintwork, creating a long-lasting barrier against environmental damage and wear.

It enhances the depth and shine of your vehicle’s finish while making it easier to clean and maintain.

What’s Included?

Your vehicle will receive a full professional application by trained specialists, ensuring complete coverage and maximum protection.

The treatment includes:

• Application to all painted exterior surfaces

• Protection for door shuts and visible painted areas

• Enhancement of paint gloss and colour depth

• A durable protective layer to resist contamination

Key Benefits

• Long-lasting protection against everyday wear and tear

• Helps protect against:

  • Road grime and dirt

  • Bird droppings and tree sap

  • UV fading and environmental fallout

• Easier cleaning – dirt and water are less likely to stick

• Maintains a high-gloss, showroom finish

• Helps preserve your vehicle’s residual value

How It Works

The Gen 3 coating forms a protective barrier over your vehicle’s paintwork, reducing the impact of minor environmental damage and making ongoing maintenance far easier.

This means less time cleaning your car and more time enjoying it.

Why Choose Gen 3 Paint Protection?

Your vehicle is one of your biggest investments. Gen 3 Paint Protection ensures it stays looking its best for longer, protecting it from the elements and helping maintain its value.

At just £399, it’s a simple, cost-effective way to keep your car in exceptional condition from day one.