garyl62
Active member
OK here is the background: My son had an accident in his 99 Altima GLE this weekend. He is fine but both air bags went off and messed up the front end. We have about $2,400 of damage to the car not counting the air bags. Needs about $700 of mechanical repairs not due to the accident but just general work that I was putting off for a couple months. It has about 118k miles, was in great shape inside and out, and has all the options available. It still runs great, my sister bought it new, we bought it from her so we have all the records since day one.
Here's the question: If I fix everything I mentioned about I'm at about the value of the car. To fix the air bags it will run another $1,500. We didn't have collision on the car so it's coming out of my pocket. I've got a budget of $3,500. Should I junk it, move on and look for something else in the $3,500 range, or fix everything but the bags and keep driving it? Fixing everything including the bags is out of the budget.
I don't think there is a legal question here as long as I disclose this when I sell it, but if I fix it, selling it a long way down the road when it's worth hardly anything. Not sure if there is an insurance question and don't want to call my agent to raise the flag.
Thoughts???????
Here's the question: If I fix everything I mentioned about I'm at about the value of the car. To fix the air bags it will run another $1,500. We didn't have collision on the car so it's coming out of my pocket. I've got a budget of $3,500. Should I junk it, move on and look for something else in the $3,500 range, or fix everything but the bags and keep driving it? Fixing everything including the bags is out of the budget.
I don't think there is a legal question here as long as I disclose this when I sell it, but if I fix it, selling it a long way down the road when it's worth hardly anything. Not sure if there is an insurance question and don't want to call my agent to raise the flag.
Thoughts???????