Sigh.. Totaled or not?

[dave77]

Originally Posted by ftc~brz

Then you do what you want with that...put it down on new blow it on hookers...whatev.

Oh damnnn

[fistpoint]

Originally Posted by FRSure

Damn.. I have no Gap..

I put 6k Down..
20k Finance

You wont need it. You're not going to accept $20k are you? What you are basically haggling for at this point is how much of your down payment is lost.

You owe the bank $20k, whatever is left is your for the next dp on the new car assuming it is totaled.

This is the only drawback to putting a large dp, having your car totaled/stolen within a short time after buying it(within 1 year). In this case GAP would have been useful, but it's a gamble that usually never wins. How often does your brand new car get totaled?
.
.
.
Oh yea, you still have to make your car payment even if it is totaled. Don't worry though, every dollar you pay is one dollar less out of the payout check you owe.

[FRSure]

That's the car that rear ended me..

Ford Ranger

Im surprised his car suffered minor damage.

I'm surprised how you can rear end someone at 40mph.. while the guy in front of you is full stop for good 10 seconds. I don't get people.

[User Name]

well lets hope you well not be upside down and I hope you scream neck pain when he rear ended you. Get a good attorney and sue his insurance is my best bet.

[FRSure]

Originally Posted by fistpoint

You wont need it. You're not going to accept $20k are you? What you are basically haggling for at this point is how much of your down payment is lost.

You owe the bank $20k, whatever is left is your for the next dp on the new car assuming it is totaled.

This is the only drawback to putting a large dp, having your car totaled/stolen within a short time after buying it(within 1 year). In this case GAP would have been useful, but it's a gamble that usually never wins. How often does your brand new car get totaled?

Thing is, I might still have to take money out my pocket if it's totaled... Because even though my car is new.. It's still 'used'

Now that i move my body, I'm feeling tiny bit of discomfort.

Let's say they total the car, they write you a check right? And you just pay it off, and then you can find a new car.

[N1rve]

It looks really bad...looks like serious unibody damage in the rear.

I'd go to a hospital and get checked out... you've probably suffered some whiplash. Probably just the adrenaline causing you to not feel it.

[ftc~brz]

Originally Posted by User Name

well lets hope you well not be upside down and I hope you scream neck pain when he rear ended you. Get a good attorney and sue his insurance is my best bet.

^this +1

If you want to feel better look up used frs in your area with less than 1k miles. They will offer you around that. If their are none, they have to base it on new car price. At the least you'll be right back where you started no car and. 6k in cash to put down on new one.

[User Name]

Originally Posted by FRSure

Thing is, I might still have to take money out my pocket if it's totaled... Because even though my car is new.. It's still 'used'

Now that i move my body, I'm feeling tiny bit of discomfort.

check youself in the e.r asap and call an attorney asap please!!

[ftc~brz]

They write your lender a check 1st and pay off...you get second check same time for left over $$

[ftc~brz]

Promise us you will go to the er by tomorrow. Seriously. You won't be able to move your head tomorrow if you are feeling sore-ish already. The adrenaline is wearing off that's why you are starting to feel it. IT WILL GET WORSE

[shellslinger]

Originally Posted by ftc~brz

Promise us you will go to the er by tomorrow. Seriously. You won't be able to move your head tomorrow if you are feeling sore-ish already. The adrenaline is wearing off that's why you are starting to feel it. IT WILL GET WORSE

+1, go see a doc if you can tomorrow and have yourself checked out.

Also, by the looks of it, I'm sorry to say it but its a total loss. One quarter panel will cost roughly $4000 - 6000 to replace. Multiply by 2, not to mention other areas may be damaged such as your transmission.

Consider it a total loss, its really for the best.

[-Ozzy-]

Originally Posted by FRSure

Ford Ranger

I'm surprised how you can rear end someone at 40mph.. while the guy in front of you is full stop for good 10 seconds. I don't get people.

Google says that truck weighs around 3,200 lbs without the cab and equipment, so let's very safely say 3,500lbs. if E truly =MC2 :
3500lbs*40mph/(2700lbs*0mph)+1
∫ (2x + 1) dx
-0=

If my math is correct you should actually be dead!

[hmong337]

Sorry for your loss. 500 miles and totaled, what a damn shame! For whatever reason, it's always those damn cocksuckers in them damn work trucks that drive way too fast and aggressive for their own good. Sue the hell out ta this chump. He deserves it!

[SpectreRT]

If you put down what you said you did (~6K) you should be fine unless you paid some crazy amount for your vehicle.

I'm finding used FRS for ~$21.5K, which you can expect they will total the vehicle out at. So log as you owe this (or less) you'll be ok.

Ultimately, you're walking away healthy. I know it looks bad (and dont get me wrong, if it was my car I would be in tears), but remember - you were not at fault and you're ok.

If you dont get what you deserve, lawyer up. But in the end, you're ok. Stay positive, and good luck.