[thedufer]

Gap insurance covers a tightly-bounded amount of loss (it will never pay out more than the remainder of your loan), which is why it's so cheap. That's also why it's a great target for self-insurance - you know exactly how much you need to have to cover the worst-case loss. If you have the cash, you are almost certainly better off skipping this one.

[bombcar]

If you have the cash you might as well just skip the loan, unless it’s unconscionably low.

[kube-system]

For new cars you can sometimes get really low loan rates that are lower than inflation. IMO it's basically free money to take out the loan.