It was a 2007 Honda Ody. It be T-boned and all the airbags come out. After a 45 days in the shop Geico approved not to total it. I tried to make payments, put I have to find another car after the 3rd month. Body shop said parts be on national back lay down and would not be available until fall of 2007. When Honda repo'd on 11/9/07 the van be still unrepaired and will be sold at aution as a salvage. It only have 500 miles on it and my balabnce is 35, 000. Is there anything I can do?
Answers: I can think through your situation, but unfortunately, you should've made the payments on the vehicle.
The simply thing that you might be capable of do is have the insurance company cut the check to the sandbank for the cost of the repairs - this will at least lower the principal set off owed on the loan.
Additionally, the insurance company should have compensated for a loaner car for you, so you wouldn't hold to purchase a new motor while waiting on these back ordered parts. You will want to speak to an attorney to see what your option are legally.
Sorry buddy, the singular way presently is to buy it back at auction.
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