YAOBTD (yet another one bites the dust) - Toyota Yaris Forums

mryaris · 11-02-2009, 09:22 PM

I finally got the insurance company's response to the value of my car and whatnot. They valued it about $700 more than I paid for it! Unfortunately, since I put no money down and my interest rate is sort of high, I owe about $500 more than the total settlement ($1000 when my deductible is included). The good news is I bought GAP insurance and it will cover that $1000, so I will just walk away from my car.

I am considering buying it back for the salvage value, but I haven't been told what they want for it yet (hopefully I'll know in the next day or two). I figure if it is under $1000 then I'll buy it back and part it out....there's still a lot of good, useable parts left on it.

Now I need to start shopping for a new '10 Yaris!

11-02-2009, 09:22 PM	#22
mryaris Drives: 2010 Carmine Red hatchback Join Date: Mar 2009 Location: Colorful Colorado Posts: 208	I finally got the insurance company's response to the value of my car and whatnot. They valued it about $700 more than I paid for it! Unfortunately, since I put no money down and my interest rate is sort of high, I owe about $500 more than the total settlement ($1000 when my deductible is included). The good news is I bought GAP insurance and it will cover that $1000, so I will just walk away from my car. I am considering buying it back for the salvage value, but I haven't been told what they want for it yet (hopefully I'll know in the next day or two). I figure if it is under $1000 then I'll buy it back and part it out....there's still a lot of good, useable parts left on it. Now I need to start shopping for a new '10 Yaris! __________________

Thread Tools
Show Printable Version Email this Page
Display Modes
Switch to Linear Mode Switch to Hybrid Mode Threaded Mode

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Dust Boots... or lack thereof.	XYaris	Wheels, Tires and Suspension Forum sponsored by The Tire Rack	10	10-20-2009 07:15 PM
EBC Rotors/PADS	CorSport	CorSport	0	07-10-2009 07:30 PM
Another one bites the dust....	SailDesign	General Yaris / Vitz Discussion	98	04-14-2009 07:03 AM
And another one bites the dust	jkonrath	General Yaris / Vitz Discussion	20	04-10-2009 10:53 PM
And another one bites the dust....	88ShelbyZ	Photo-Video-Media Gallery	27	09-21-2007 03:40 PM