frankbullitt
07-21-2009, 02:01 PM
Hi to everyone,
I have been a member on here for awhile now but so far this is my first post. I drive a 2005 Accord Sedan 4cyl. Long story short is, in the year and a half that I have owned it, I have been hit twice by negligent drivers. The first was a T-bone accident, and was then rear ended just two weeks ago. All in all, the car has received nearly 11k in repairs in less than 12 months. Both times the same body shop has done the repairs, and have done a great job. My problem is that neither accident was enough to total the car, but now I have a car with only 50k on the odometer, that has been nearly destroyed twice. I have received two diminished-value settlements to get me closer to what it is actually worth, but I am still slightly upside-down on it. My dilemma is this: I like the car (it is my third accord), it has no problems mechanically or cosmetically, but I know I will get killed on a trade-in. However, I don't think I want this car anymore now that it has taken this much damage in the past year. I would appreciate any insight into what I should do with my Accord. (If I were to trade, I would most likely get another 7th gen accord used). Thank you in advance to anyone who can give me some friendly advice.
-Jason
I have been a member on here for awhile now but so far this is my first post. I drive a 2005 Accord Sedan 4cyl. Long story short is, in the year and a half that I have owned it, I have been hit twice by negligent drivers. The first was a T-bone accident, and was then rear ended just two weeks ago. All in all, the car has received nearly 11k in repairs in less than 12 months. Both times the same body shop has done the repairs, and have done a great job. My problem is that neither accident was enough to total the car, but now I have a car with only 50k on the odometer, that has been nearly destroyed twice. I have received two diminished-value settlements to get me closer to what it is actually worth, but I am still slightly upside-down on it. My dilemma is this: I like the car (it is my third accord), it has no problems mechanically or cosmetically, but I know I will get killed on a trade-in. However, I don't think I want this car anymore now that it has taken this much damage in the past year. I would appreciate any insight into what I should do with my Accord. (If I were to trade, I would most likely get another 7th gen accord used). Thank you in advance to anyone who can give me some friendly advice.
-Jason