Anonymous wrote:

Anonymous wrote:It's gone depreciation

+1. This is why I never buy new. OP, your money is gone. Insurers don’t care

Since Covid first appeared, buying new with a new car warranty (usually 3 years or 36,000 miles) is a better deal financially then buying a used car at a ridiculously inflated price.

Anonymous wrote:It's gone depreciation

+1. This is why I never buy new. OP, your money is gone. Insurers don’t care

your gift to them is irrelevant to the insurance company. I’m surprised this isn’t common knowledge. Only comcern should be is if they purchased gap insurance or not.

Anonymous wrote:

Anonymous wrote:Did this happen?

I know right? What made you think this was a good idea to put 5k? Who buys a new car when 80??

My father bought a new car last year at age 81 in California and drove it back home to the Midwest. I shudder, but he’s a very good driver. Spotless record.

Anonymous wrote:NP. Between my 18 yo DS and my 80 yo father, I know who I prefer behind the wheel.

In my family, neither of them!

Sounds like a hypothetical.

Anonymous wrote:My 84 years old mother in law drives and she had never had a ticket or accident in her life.

Most 20 year old drivers cant say that.

But she probably has "caused" many accidents

My 84 years old mother in law drives and she had never had a ticket or accident in her life.

Most 20 year old drivers cant say that.

Look, lots of people drive in the 80s just fine. However, now it's time for OP to reevaluate because she has new information: they crashed in a car that presumably has new safety features.

OP, your problems are greater than your $5K right now.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Did this happen?

I know right? What made you think this was a good idea to put 5k? Who buys a new car when 80??

FWIW, plenty of 80-somethings still drive and sometimes need new cars. I would rather my father be driving a new car with safety features than the 20-year-old car he had before that.

He probably shouldn’t be driving and you should do your best he doesn’t get killed or, even worse, kill somebody.

THIS!!!

To answer OP's question, nothing. That money is gone. Insurance will not speak to you unless you are part of the policy. IF the car is totaled, insurance will pay your parents the value of the car (which will be less than they paid for it) and it's between you and your parents if they want to repay you the 5 grand out of that.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Did this happen?

I know right? What made you think this was a good idea to put 5k? Who buys a new car when 80??

FWIW, plenty of 80-somethings still drive and sometimes need new cars. I would rather my father be driving a new car with safety features than the 20-year-old car he had before that.

He couldn’t drive a 5 yo car? The man is 80. He isn’t long for this world anyway. He will be pushing up daisies soon enough.

Sounds like your old-ass parents shouldn’t be driving. They are lucky they didn’t kill anyone. You need to take away their licenses.

Anonymous wrote:NP. Between my 18 yo DS and my 80 yo father, I know who I prefer behind the wheel.

Who?

Why did you put your old parents behind the wheel of a giant car?