Product center
PowerBuy / Equity Protection
Equity and depreciation protection help a buyer stay ahead of a car’s value — a different problem than GAP solves. This center explains where each product fits.
Where GAP protects against owing more than a totaled car is worth, equity and depreciation products (marketed under names like PowerBuy) aim to preserve or restore value toward a future purchase — cushioning depreciation rather than a total loss.
These products are frequently confused with GAP. This center draws the line clearly: what equity protection does, how a benefit is earned or paid, and the conditions that come with it.
What you’ll learn here
- How equity and depreciation protection differ from GAP
- What triggers a benefit, and how it’s typically paid or applied
- The conditions and limits that come with these products
- How deposit and down-payment protection fit alongside them
- When these products add real value for a buyer
More articles coming to this center
The cornerstone articles below are in production and will publish here.
PowerBuy vs. GAP: which protects what · in production
Is vehicle equity protection worth it? · in production
PowerBuy / Equity Protection: common questions
Is equity protection the same as GAP?
No. GAP addresses a total-loss shortfall on the current loan. Equity/depreciation protection is about preserving value toward a future vehicle. They solve different problems and can coexist.
How much depreciation does PowerBuy-style coverage address?
It varies by program and is defined by the contract’s benefit terms and conditions — not a fixed universal amount.
Have a question about an F&I product?
Ask the Elite FI Partners team. Education first — we’ll help you think it through before anything else.
Ask a question