#buyback

Do I buyback my totaled car and keep paying on it.

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Do I buyback my totaled car and keep paying on it. My car recently got totaled due to barely visible hail damage covering it. The shop I took it to says every panel has to be replaced because they have over 150 dents per panel and estimated the reapirs at 20k. The car is valued at 15k and I still owe 20 on it. The buy back is $4500. I like my car, but I don’t know what the smart decision is. I’v…

Reddit Personal Finance 891 2024-06-23