Post # 1
I was in a car accident this morning(not my fault). Thankfully I wasn’t hurt but my car is most likely totaled. I just finished paying it off in September and now it looks like I will have to have a car payment again. I was so happy to have it paid off and now that I just recently got engaged planned on putting that extra money every month toward the wedding. And I just dropped $400 a few weeks ago on it for new breaks and a tune up. Ugh!
The guy that hit me was driving on a suspended license. The police said it was clearly his fault and the officer gave me his name and badge number to give to my insurance company to call as a witness. There was no police report filed because no one was injured(thank God!). The officer said the owner of the car was really a piece of work who was calling me all sorts of names and trying to blame me. It is very clear even from the damage to the cars though what happened so at least I don’t have to worry about that.
Just so aggravated and needed to vent!!
Post # 3
@kanneb: Aww, I am SO sorry! Car stuff is the worst! So glad you’re okay and the police are on your side!
Post # 4
I’m sorry! That really sucks! Thankfully no one is hurt!
If the car IS totalled, they should be paying you cash for what it was worth. Could you not take that money and buy a car outright? You should at least be able to buy almost the same car for that money.
Post # 5
@kanneb: Wait, there was no police report? The guy didn’t get cited for anything? That’s very strange. There are always reports even when no one is injured, at least here.
Hopefully insurance will take care of everything and maybe you won’t even have a car payment to worry about afterall.
I’m glad you’re okay!
Post # 6
HUGS! That is horrible! I am so sorry! What a horrible person that other guy must be!
Post # 7
Some stupid woman totalled my car last year. Ironically, she backed into me in the DMV parking lot. They should have yanked her license right there considering my car was parked in a parking space. Anyway, the insurance covered replacing my car. Hopefully you’ll be just fine and you won’t have to have a car payment.
Post # 8
- Wedding: June 2010 - parent's backyard
@LiliKitty: right? that’s what I was thinking too!
@kanneb: I’m so sorry, that really sucks. hopefully his insurance will help.
Post # 9
Maybe when the insurance gives you the total value of the car, you can get a used car which will not cost you more money. Then, when the wedding is over, you can re-assess.
Post # 10
@MsJ2theZ: A car that is nearly paid off is most often not very new. You get what it is worth on the open market, which is not usually anywhere near what you paid for it, nor what it would cost to buy the same type of car new.
Unless you have replacement cost insurance, which is only offered on very new cars, you always lose when your car is totalled, even when it is not your fault.
@kanneb: Sorry this happened to you.
Post # 11
I find it very strange that they didn’t issue a police report.
Post # 12
Assuming you have insurance, you weren’t at fault–your insurance should be paying you for a comparable car of the same model and year.
Post # 13
@julies1949: Insurance companies use standard KBB pricing to reimburse for totalled vehicles. Meaning that if KBB says your car is worth 6k to purchase, you should be getting 6k from the insurance company. Of course it’s not the same that you paid for it, because it’s not worth what you paid for it, totalled or not. And replacing your used car with a new car isn’t an equal replacement either.
Post # 14
@kanneb: Glad you’re okay- what a douche! I’m confused there should still be a police report I would think? Some guy hit our truck and took off, we called the cops and they took a report & filed it. Never ended up charging him with anything but we didn’t press the issue once his insurance company pony’d up for the damage.
I would double check on the police report thing, that seems really weird esp. since he had a suspended license as that’s most def. a ticketable offense. I would be worried about the insurance company being a hassle (or raising my rates) without a police report stating who was in the wrong. The only reason my rates weren’t raised from that incident was because I had the police report showing it was not my fault…
The insurance company should still have to pay you what the car was worth, even though you paid it off. I’d just use that money to get a used car a few years older than the one you have now (because our value vs. insurance value is not the same)
Post # 15
@kanneb: I would suggest taking the money from your insurance company and purchasing a used car. Heck, if you liked your car enough you can even get the same year and model. This way you avoid a car payment.
Post # 16
@MsJ2theZ: I know. That’s what I said. You are the one who said she should be able to buy almost the same car. That almost never happens. She may have a very well maintained vehicle, but she gets the “average value” from the Kelly Blue Book.