Quote:
Originally Posted by VladtheImpaler
This point bears repeating. Keep in mind what you owe for financing has no bearing on what you will get for it. So, if you owe $22K, but book value is $16K, you are SOL.
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I don't owe anything and it was an old car. 1999 Toyota Tercel. I'm not getting royally screwed but I do have to put a reliable car on the road with the money I get from the insurance company. Life is so fun sometimes. This car has been one of the best I've ever owned and I'm just driving along and smuck. I shoulda done the dishonest thing and crawled out of the vehicle and blamed my bad back on the accident.