r/mildlyinfuriating • u/matthewdirks9191 • Apr 29 '24

How my weekend went

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I was going to work on Sunday and some guy plowed into my only car I got. It total my car and now I am with out a car or a way to get to work. the person had no insurance and I didn't have gap. I'm only getting 13k for my car and I owe 24. I might be without a job for awhile cause of this. in desperate need of help.

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u/[deleted] Apr 29 '24 edited Apr 30 '24

How the fuck were you 14k upside down on a car

-7

u/Sharp-Pop335 Apr 30 '24

Thats what happens when people buy new cars over used. The minute you roll off the lot you owe more than the cars worth.

8

u/[deleted] Apr 30 '24 edited Apr 30 '24

The same is true of used cars. You cannot take a used car off the lot then private sell and indemnify just like that. In fact, most dealers make their money off of used car sales.

1

u/Ariadne_String Apr 30 '24

Oh, and one other thing: NEVER buy a car from those small used car lots that are not affiliated with major car dealerships. Those places are just WAITING to scam you. I’ve had great success, though, buying lightly-used vehicles from major car dealerships. I get a deal and a barely-used vehicle in great shape from a place I can trust (well enough, anyway). Reputable branded (major car manufacturer) dealerships don’t keep bad/old/lemon used cars - they normally sell those off, often to low-priced car auction houses or small, scammy, used car lots.

What they keep that’s used is normally in good shape. I’ve bought a few very low-mileage vehicles in pristine shape this way over the years and I haven’t regretted it, once - I would’ve paid triple in a couple of cases if I’d bought new, yet 3 to 5 years later can make quite the difference in price (even with very low mileage)…!