Will a dealer trade a car that has been inan accident?

Question

my car is a 2006 grand prix and my insurance was cancled without my knowlege and i got hit and the other insurance company wont pay will a dealer trade my car for a new one even if its damaged not really bad but just fender and font door needs to be replaced and minor dents in the rear door and its still being financed i still owe 15 grand

Answer 1

Do not attempt to do this. If you find a dealer willing to take your crashed car in trade you will be put into another car with an additional $10,000 added to the bottom line. Then you will be $35,000 upside down on a $25,000 P.O.S. and you will NEVER, EVER get it paid off. You will save thousands and thousands of dollars if you buy a used door and fender, bolt them on and drive it until you get it paid off. Good, God -- don't make yet ANOTHER stupid mistake, dude....

Answer 2

Your insurance was cancelled without your knowledge?????

If your Insurance was cancelled your insurance company would have notified you of it!

A dealer might trade but he would give you a c**p trade in price as he knows the car will be hard to sell. Few people want to buy an accident damaged car unless the price is low enough to make it attractive.

Your cheapest option would be to get a local non franchised body shop to repair it then re-insure it and keep it.

Answer 3

That's an unfortunate, screwed-up situation.

The dealer would take a broom in trade if you said you were a witch, but he wouldn't give you any money for it.

Your best bet may be to check with the body shop and make sure the car is safe to drive, and then keep the car and just drive it damaged, and fix it if you get extra cash.  Hey, if it's a usable car, you can use it until you pay off the loan.   Most likely it'll run for many years.  

if you're just too cool to be seen in a banged up car, well, then you'll have to pay up.  I recommend you pay to fix it.   If you try to get the dealer to "make this problem go away" for you, you'll end up paying a FORTUNE in the end.  

Never ever borrow more on a car than the private-party blue book value of last year's model.  Never owe more on a car than it's blue book today.  And never, ever owe money on a car that's out of warranty.

If the insurance being cancelled is really, truly not your fault, then you should probably contact a lawyer.  If it was cancelled through somebody else's negligence, they owe you a repair.

Answer 4

yeah the dealer will trade but the price will be pants, or worse.

More worrying is that your insurance was cancelled without your knowledge, so one assumes without notice. You have a contract with the insurance company and they must notify you (unless you default on their terms) of any change (in the UK for sure).

I'd get anti with an atorny at law on the rs and threaten them with a counter claim for you loss and see what gives. they'll probably settle on cost of the car rather than fight, but will almost certainly make it sound so expensive you want to fold, and it may be that bad if you are thinking of selling.

Ask yourself this: would you drive the car? It may be your only option till you have paid it off....

Answer 5

They love to tell you that your car is worth nothing and then fix it up and sell it.

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But given you still own 15 grand, with the cost of repair, it really might NOT be worth much to the dealer.

so the answer is - yes but it depends on the condition and the cost of repair.

Good Luck...

Answer 6

Sure they will take it in on trade but you will take a terrible $ beating.

Answer 7

yes, they will fix your car up and sale it

Answer 8

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