Archive for January, 2019

What Exactly is Gap Insurance and Who Needs It?

Friday, January 18th, 2019
Image of a car key and a blue toy car sitting on $100-dollar bills.

Have you been thinking about coming in to see us at Toyota South to talk about buying or leasing a new Toyota Tacoma or another model? We carry a full selection of amazing vehicles at our Richmond, KY Toyota dealer location and we also have a knowledgeable customer service team ready to ensure you have a memorable experience. If you are wondering about gap insurance coverage and whether or not this is something that you need, we are happy to help. In the meantime, we have put together some information on this coverage and how it may pertain to you.

Understanding Gap Insurance

When financing your new Toyota car, the chances are good you will owe more than the vehicle is worth when you drive it off of the lot due to depreciation. Should your vehicle get stolen or end up totaled in an accident, your insurance company is only going to give you the fair market value of the vehicle at the time of the theft or loss. Guaranteed asset protection, known as gap insurance or loan/lease payoff, is there to act as a buffer in this situation.

When you have gap insurance coverage, it helps to pay for the difference between the amount that you owe on the vehicle and what it is worth. Without this insurance coverage, you would be responsible for paying off the loan without having the ability to drive your vehicle. Gap insurance generally only costs a few extra dollars a month and you do have the option to discontinue coverage whenever it is no longer necessary to have.

Toyota South is conveniently located at 961 Four Mile Road in lovely Richmond, KY whenever you are ready to buy or lease a new Toyota. If you still have gap insurance questions, feel free to call us at (859) 353-6781.

What Did You Make For 2019 Car Resolutions?

Wednesday, January 9th, 2019
Image of the side of a car and its mirror as it speeds down an empty country road.

Whether you are currently driving a new Toyota RAV4 or you have an older model, any driver knows that proper vehicle maintenance makes a difference in drivability, safety, and the overall lifespan of your ride. If you have put together a list of car goals and resolutions for the new year, Toyota South is available for the assistance, professional service, and automotive advice you are looking for. We invite you to come by to talk with us or browse our website to find out more about what we have to offer.

Toyota Parts and Accessories

It is important that you have the genuine parts and accessories that you need for your vehicle. Whether a part needs to be replaced or you are looking for performance accessories, we have a fully stocked Toyota parts center staffed by trained professionals to get you exactly what you need. We can even set up a time for you in our service center to have your parts or accessories installed.

Toyota Service

We encourage our customers to bring their vehicles to our Toyota service center to have regular maintenance and repairs done to improve vehicle life. Our state-of-the-art service center has the latest equipment and is staffed by trained Toyota technicians for your oil changes, transmission work, brake inspections, and so on.

Tire Care

In terms of the tires on your vehicle, they should be checked regular for tire pressure as well as even wear and tear. We can also take a look at the amount of tire tread and get you set up for new tires to be mounted and balanced if your vehicle needs them.

Bring your vehicle to us at Toyota South at 961 Four Mile Road in Richmond, KY when you need help with keeping your automotive resolutions. If you would like to set up regular service appointments, simply give our service team a call at (859) 353-6781.