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Still Owe $$$ on Car After It Was Totaled in Accident
... down on the loan so when they paid the blue book value we still had a balance. ... We will probably buy a used car but there are some great deals out there ... This coverage will pay for the "gap" of what you owe and what the car is ...ANSWERS
See all- Did you guys get gap insurance (something like that) that covers the difference in cases like this? We had gotten it with one of our cars after having that happen to ...
- Was it really "totalled"? What an insurance company consideres totalled is based on a formula - but it is still sometimes better (ie. more economically feasible) to ...
- I don't think it would be in your best interest to try and get the dealer to roll what you owe into a new car loan. Have your tried talking with who ever owns the lo...
