My wifes car was $20,000 used back in 2019. Now after basically 10 years it gets hit. The insurance declares it totalled. So the car can’t be legally driven. The insurance will only pay us $9000. But now we’re trying to buy a replacement and for the same model year they are asking 16000!
WTF! What’s insurance for? Its just a tax. I much rather save to pay for my own car and have some sort of insurance that really actually covers the other driver.
Farmer this and state farm that and whatever General lizard, all are total bullshit regardless if you caused the accident or if you’re are the victim.
They should call it “pay slightly less than full price if you fucked up your car”
The only thing that will fix that is “like for like” replacement coverage. Some insurances offer this, and of course it costs more, but if your older car gets wrecked and it only has a value of say $7,000 with 80,000 miles the insurance company will have to replace your car with the same model and mileage. Not sure what they do with older cars that might be harder to find replacements for.
Probably get you a car of similar make and age. Or maybe a never one worth aproximately the same.