Quote:
Originally Posted by MattP725
Did you have gap insurance? Might be a good thing in this case since the car was brandy new. Any idea if you owe more than the value?
I'm thinking there is a chance it's not totaled. Car has to be valued at least in the high 20s. Even if the block is cracked you are probably looking at 15-20k to repair max IMO.
Let us know how it turns out. You're pretty lucky.
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I think its 50% percent of fmv is a loss they total it. It's definitely totalled after engine and all body work this thing is totalled. If they try to fix it and it keeps having to go in for repairs the insurance company would have a huge headache on their hands. Totalled