Quote:
Originally posted by TheSenator
I financed 45,000 and paid 12,000 so far.....I have full insurance...does anybody know how much money I get back from my insurance company?
Yukon 2002 Denali
Shit happens...Happy New Fucking Year
|
The insurance company will likely ask you how many miles were on the vehicle in order to determine blue book value. If you've driven a standard amount it's likely gonna be appraised at $31K to $34K. Then they get a payoff amount from your finance company, pay them that amount and you get any remainder. Remember alot of that $12K you've paid is interest. You're likely not going to see anything. And if I did the math correctly you may owe some to the finance company, if you didn't have GAP insurance.