Well as suspected the car was deemed a Total Loss – not worthwhile and cost effective to repair it, I figured as much, as did my husband, my parents, and just about everyone else out there…

What gets me most though is the why of it all – why now? why was it our time to lose out on the car? why couldn’t this sort of thing happened next year after the car was paid off and our credit was cleaner? WHY WHY WHY?!?!?!? I just don’t get it – we really had it outlined to pay off the car, get our mortgage situated and caught up and THEN and only THEN look into getting a new car – we’d given ourselves a year to clean up our act financially and BAM fate throws us this curve ball – I am mad, mad as a hatter about this, and stark raving…but I am keeping it all on the inside – boiling over would do me absolutely no good, so here we are…

I spoke with the Total Loss team this morning and here’s what they told me:

Using the National Automobile Dealers Association ratings based on Month of the Accident (February) Year of the Car (2000) number of Miles on the Car (150 – 160K), Make (Ford) and Model (Focus SE) the total value is $3,475.00 added to our reimbursement amount is NC Sales Tax of $104.25 and NC License & Registration Fees of $55.00 – Total Reimbursement = $3,634.25.

So breaking it down:

$3,475.00 – NADA Estimated Value

$104.25 – NC Sales Tax

$55.00 – NC License & Registration

$3,634.25 total

10-Day Payoff on the Loan = $2,254.62

$1,389.63 – Remaining Balance

Less our $100.00 Deductible: $1,279.63 due to us

Not terrible; not wonderful either…not sure what we’re going to do, but they’ll stop paying on the rental on Tuesday 3/11 – which gives us a week to find a replacement – Good Luck to us right?!?!?

  1. Hey we’d be happy to help you into a new car! We got a lot of really great deals going on right now too. What are you looking for particularly?

    • ncreadergirl says:

      Thanks Jeff Gordon! We’re working on it as we speak – crap credit doesn’t help at all…will let ya’ll know.

      • Well whenever you’re ready on your end, we are. Just call Nora at (910)798-2650. We help people with credit issues all the time so if you have any problems with financing on your own, we do work with close to 60 different banks. Hope to hear from you soon!

  2. Ugh! What a headache. I knew you guys wanted to replace that car, just not so soon! Do you think you’ll get a new or used car as a replacement?

    • ncreadergirl says:

      You hit it square on the nose, we did want to and were hoping for next year’s refund being used to replace it; we’re aiming for a used vehicle, a newer one would put us into a car payment bracket we don’t want to be in.

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