1500 to 2000. It won’t be easy replacing that with something that runs and stops for that price range.
REMINDER: THE ARENA PLATFORM, INC. has no obligation to monitor the Forums. However, THE ARENA PLATFORM, INC. reserves the right to review any materials submitted to or posted on the Forums, and remove, delete, redact or otherwise modify such materials, in its sole discretion and for any reason whatsoever, at any time and from time to time, without notice or further obligation to you. THE ARENA PLATFORM, INC. has no obligation to display or post any materials provided by you. THE ARENA PLATFORM, INC. reserves the right to disclose, at any time and from time to time, any information or materials that we deem necessary or appropriate to satisfy any applicable law, regulation, contract obligation, legal or dispute process or government request. Click on the following hyperlinks to further read the applicable Privacy Policy and Terms of Use.
Car totaled question
- Thread starter casa_mugrienta
- Start date
Meh.
Take the money and just drive it
Take the money and just drive it
You’re going to spend more in your own time than the car is worth. Unless your personal time is worthless. That’s why.
I don't follow - purchased for $9k in 2011 - that's $750/yr cost of ownership. Insurance something like $500/yr.
Replaced struts and brakes in that time period (12 years)
Otherwise no issues.
I think I got my money's worth.
Last edited:
Burns 3 quarts of oil every couple of weeks? Frame’s bent? Just take the money. Unlike what others have said I think you can find a better “urban assault vehicle” for 2k on Craigslist.
Did your tape deck and/or Creedence tapes survive the accident???
Why would my insurance find out about the accident in the first place?
Regardless:
Cal. Ins. Code § 491
https://casetext.com/pdf-email?slug=california-codes/california-insurance-code/division-1-general-rules-governing-insurance/part-1-the-contract/chapter-5-the-premium/section-491-premium-increase-based-on-accident-in-which-insured-not-at-fault
Section 491 - Premium increase based on accident in which insured not at fault
The rating plan of a motor vehicle liability insurer shall not provide for an increase in the premium if based upon an accident in which the insured is not at fault, in any manner, as determined by either the accident report or the insurer. In the event the insurer determines that its insured is at fault contrary to an accident report's specific finding that the insured is not at fault, the insurer shall reach its conclusion only after an investigation.
Ca. Ins. Code § 491
Added by Stats. 1986, Ch. 470, Sec. 1.
Different situation - when my wife got hit/runned some years back (we live on a steep hill with street parking - lots of hit and runs here) she had to make a claim with our insurance because of the damage - guy told us there would be no rate increase because of our driving records - we doubted- but no discernible increase the following year.
I am sad for carro_chingado reliable transportation that was no longer depreciating probably getting totaled.
The banter in this thread is top-tier though.
He's in complete agreement with you on sound financial decision making re: the appliance of vehicle having a low cost per unit time and mileage.
The banter in this thread is top-tier though.
Uncle Ogro postulates that fighting it out with the insurers above/beyond taking the money and run will incur an opportunity cost wherein the sum of casa_moogsies hours expended x casa_moogsies hourly value is greater than $1500-$2000
He's in complete agreement with you on sound financial decision making re: the appliance of vehicle having a low cost per unit time and mileage.
Tape and CD
I have one of those tapes with the wire coming out of it I connect to my iPhone.
Car actually has great sound.
Oh, then I agree.
Not having done this before or knowing anyone who has I just wanted to make sure I'm taking the best payout option (was told there will likely be two)
It sucks that fair market value for a reliable older car isn’t usually enough to buy another reliable car
I hope you’ve got the means to throw more of your own money toward buying something that’s a reasonable replacement
I hope you’ve got the means to throw more of your own money toward buying something that’s a reasonable replacement
My wife totaled a car
There was only one payout option
Ny may be different with that
What would be the difference bet the 2 options?
I do.
Want to buy a nicer car for my wife, I will take possession of her Honda Fit. 170k on it but still ticking.
Maybe in some ways getting your car totaled is a positive thing
You don’t have to sell your car and your wife gets to trade up
(Cars, not husbands)