If you have bad credit, the best option that you have is to avoid these types of dealerships. There are companies that provide auto financing for people that have bad credit without your having to go through a dealer that finances their own cars. You can get pre-approved online and get financed with little to no down payment.
what does a totaled car look like Do not try to start the car: Your first instinct is to see if the car is still working. However, it was submerged in water, which may have gotten into the engine. Starting the car in this condition, could lead to further damage to the engine.
Assessing the value. If you have rental coverage, most states allow the total loss adjuster to cut off your rental three days after the vehicle damage is deemed a total loss. Some states (like Texas) allow the insurance carrier to cut off your rental car the day they decide that there is a total loss. Note: not the day they pay. You are supposed to negotiate the value of your car while you either pay for a rental car out of your own pocket or you take the bus to work.
is a car totaled if side airbags deploy totaled When you pay your premium over several months, your insurance company will add a couple of dollars to each monthly bill. It may not be a lot each month, but there are 12 months in a year, so it adds up.
Because I was once a commodities broker, I witnessed first hand the reckless way that most people handle their money. In fact, I had the unique perspective of watching just how crazy people would get with their trading. Read this carefully: THE AVERAGE LIFE OF A CLIENT THAT WAS TRADING THEIR OWN ACCOUNT WAS ABOUT 3 MONTHS!!! 3 months and they were toast! And absolutely the most common, number one reason they got blown out was because of poor or non-existing money management.
Since we were in a separation period I still owed money to this car. It was part my debt. I had a choice, to either pay for a car that was totaled or file bankruptcy. I was young and I decided to file Chapter 7. Now this was several years ago before bankruptcy laws took place for Chapter 7. I got lucky. Today you still have to pay back your debts. I got everything wiped clean but in return a horrible credit rating.