Discussion Starter · #1 ·
I got into an accident last week in my 2001 GTI GLX (previous post) and today I get the bill to fix it. $7,000.00!!!!! and that is with no airbags going off. So in Iowa my vehicle is now considered salvage. The car is thirty days old and now after even fixing it is worth about 15,000.00. That is not remotely close to what I owe on it. Iowa law states that the insurance company has to pay me the depreciation but I know that will not be realistic it will be a goofy figure like 2,000 bucks, um no way. So do you think I will have any luck pushing for a new car (them paying off mine or coming close). I do not want a car that is salvage I paid for a brand new 2001 automobile 30 days ago. The only good thing is the guy that I hit was at fault, but his insurance adjuster is a complete ass. The other guy was sited for failure to yield so at least I might be able to sue him for the loss. Think I will have any luck?