i have a good one, i was in an accident the tow place said i

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Posted: Tue Oct 06, 2009 3:23 pm Post subject: i have a good one, i was in an accident the tow place said i

have a good one, i was in an accident the tow place said it was totoled then i bought another truck 5 days later my insurance company said it wasent and they sent me a check(in my name only) but now i dont want the truck and my finance company said that they are going to repo the truck can i cash the insurance check and pay to my finance comp if they repo from the shop without the work being done?

dimples2dunkin

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Joined: 06 Oct 2009
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Posted: Tue Oct 06, 2009 4:18 pm Post subject:

Where was your insurance company when the tow company told you the vehicle was totalled? Did the they write an estimate on the vehicle? When you purchased insurance for the new vehicle, what did your insurance company say about the vehicle in the tow lot? How did you manage to get yourself in this mess?

Trench

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Joined: 16 Sep 2009
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Location: Kansas City
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Posted: Tue Oct 06, 2009 5:16 pm Post subject: helloooooo

i dont know where my insurance company was all i got is a call and they left it on my answering machine, and yes like i said when they said that the truck wasent tolaled then they proceeded to give me the estimate so once again this was not my doing ut was the insurance company mastike, i only went by what the message said on my machine, so as far as im concern they can repo the darn truck i will pay it later.

dimples2dunkin

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Joined: 06 Oct 2009
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Posted: Tue Oct 06, 2009 6:37 pm Post subject:

Who left the message? Sounds to me like you didn't find out all the information before making the purchase. Your in a tough spot, a repo is not a good thing and your new finance company will possibly have a problem with that.

Trench

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Joined: 16 Sep 2009
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Location: Kansas City
152.85 Dollars($)

Posted: Tue Oct 06, 2009 9:01 pm Post subject:

First you said that the towing company told you it was a total loss so you bought another vehicle. Then it seems like you are not sure who called you and told you it was totaled but seem to indicate that it was your insurance company but then they changed their mind. Sorry, you need to get your facts correct and let us know what happened. It seems like you wanted a new vehicle so you choose to go by what the towing company thought and did not want to hear from your insurance company. They then told you it was repairable which puts you in a bind of your own making. Take the repair money and pay it to your lien holder. You will then need to pay off your loan. You should see if your lien holder will allow you to do a voluntary repo. Don't wait until they take it themselves as this will only add even more charges onto the loan.