What is a Replacement Warranty?

New vehicles

In the event of a total loss of the new vehicle, the warranty L’IMPACT II, agrees to replace the said vehicle by taking charge of the difference between the cost paid by the warranty L’IMPACT II for a replacement vehicle for the currently year and the amount paid by your automobile insurance policy.

Used vehicles

In the event of a total loss of the used vehicle, the warranty L’IMPACT II, agrees to replace the said vehicle for not surpassing, in value, the original amount paid for the vehicle indexed at 5% per year, calculated as the prorata of the days between the delivery date and the date of the loss