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Monday, March 24, 2008

Totalled

Not quite the word that people long to hear, and for the first time in my life, those words were meant for Beth and me. In case you hadn't heard, we were involved in a car accident on I-65 just north of Lebanon, IN. No one was hurt, except for the poor car. Although it was drivable, the passenger side doors were hit pretty badly. Badly enough, in fact, to require both of them to be replaced. Geico, who has been tremendous, quickly announced that it was a total loss. Bad thing is, we still owed money on that wretched thing. In short, after the value of the car, the deductible taken out, what we still owe on it, etc., we will end up with a check for a whopping 1,400. Sigh. That isn't much of a down payment, much less a new car. So, our lives have taken a little bump in the road (pun intended, but not necessarily a funny one), but I'm keeping out hope that things will work out okay. Hmmm...I wonder how long it will take for me to walk to work...

4 comments:

Anonymous said...

Jeremy, you should have purchased GAP for your car when you financed at the Dealership :) It is a life-saver as well as credit life & disablity....

Anonymous said...

I personally have never heard of GAP. I'm curious about what it is, because we are looking for another car and will ask the dealer about it. The dealer that we got the old car from never mentioned GAP to us, so we had no idea that we could get it for our car. Interesting...

Carrie said...

So, what did you get for $1,400? You could probably get a Yugo for you AND Beth for that.

Anonymous said...

Jeremy,
Your new car is beautiful! Did the dealership offer GAP this time? It will pay the differance for you in case your vehicle is totaled and you still owe on it. It picks up where the insurance company leaves off......