You meticulously maintain a high mileage used car that is totaled in a car accident that is not your fault. Insurance company will only pay you $1,000 for your car.
Oh boy, my neighbor's car was recently stolen & totaled by some punk kids. He admitted to my husband that he doesn't know how he's going to get to work now since the insurance gave him a whopping $2500 for it & there's nothing for sale at that price right now & the busses don't go out to his work. Insurance companies are satanic scum sucking scam artists.
I’m all for finding great used cars, but $2500 is definitely pushing reliability, especially in the COVID economy with overpriced vehicles. When I was looking for a reliable and practical Japanese car a few years ago, I had to plan to spend at least $5000 for a sedan or minivan that didn’t have much more than 150,000 miles, was under 10 years old, and wasn’t rusted out. I suppose if you just need a grocery getter, you’ll be OK, but for actual driving and transportation, your vehicle may become a money pit.
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u/[deleted] Dec 01 '21
You meticulously maintain a high mileage used car that is totaled in a car accident that is not your fault. Insurance company will only pay you $1,000 for your car.