Totally Iced
Just got back from a big to-do down at the local State Farm office, where a kindly gentleman with a clipboard took a very special interest in our pock-marked minivan. Following a couple of low whistles and at least one sign of the cross, he sadly announced that the beast had indeed been vanquished...
Our brand new van is a Total Loss (tm).
I'm not entirely sure what to expect from this pronouncement. The blue book value on the van, without the hail damage, should be a little over $5000. We paid $7500 at the lot, but only financed $5000 of it... so we certainly shouldn't be upside-down in the loan. I expect we'll see it paid off... but, depending on the numbers, Roulette kinda wants to keep it if it's paid off. It's a perfectly serviceable vehicle, just nowhere near as pretty as it was... and we'd be down one car payment. Since we've lost a roommate since we bought it, that wouldn't be too bad a development at all.
*sigh*
Our brand new van is a Total Loss (tm).
I'm not entirely sure what to expect from this pronouncement. The blue book value on the van, without the hail damage, should be a little over $5000. We paid $7500 at the lot, but only financed $5000 of it... so we certainly shouldn't be upside-down in the loan. I expect we'll see it paid off... but, depending on the numbers, Roulette kinda wants to keep it if it's paid off. It's a perfectly serviceable vehicle, just nowhere near as pretty as it was... and we'd be down one car payment. Since we've lost a roommate since we bought it, that wouldn't be too bad a development at all.
*sigh*