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Reply to "Car was totaled. Buy used, rent as needed? I want do just buy new car."
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[quote=Anonymous][quote=Anonymous] Are you sure the car isn't salvageable? "Totaled" means different things for the insurance company and the end user. You could take the money and fix only what needs to be fixed, nothing cosmetic, just to avoid having to pay pandemic prices. Re-evaluate in a couple of years. If that's not possible, I would consider the age/condition of the first car, and whether any of your children will be of age to drive soon. A new car with modern safety features would be my preference. [/quote] Absolutely totaled! We did indeed keep a totaled car at one point but this wasn’t an option. Our first car is actually pretty new-and while I’m truly not a car snob I just think with the inflated prices buying a used car is buying years of repairs. I’m very unhappy feeling pushed into an unplanned expense through no fault of our own but feel like it’s a better choice buying new (and we have a friend in the business that gives us fair pricing if not deals.) My DH may not agree and I was hoping to get responses here that I could confidently argue. Sigh. I guess it’ll be my fall-back ‘financial feeling’ not facts. Thanks [/quote]
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