Answers: Well, you're NOT going to get what you owe on it, unless you owe smaller number than what the car is worth.
The second you drive a coup¨¦ off deeply, it's depreciated, sometimes by as much as 10%. If you didn't put much down, and financed your sales tariff & tags and such, you ARE going to owe more than the coup¨¦ is worth.
You get rewarded, what the car is worth. It does NOT go and get you off the loan.
What to do? Go ask YOUR AGENT for guidance. None of us know if you're upside down or not on the car.
resourcefully you need to trade name a claim with his insurance since it be his fault and they wil own to pay for adjectives the damage. If he doesn't hold insurance then you will produce the claim under your insurance. if you enjoy uninsured/underisured motorist than you will have no deductible and they will retribution for the damage but if you dont own that than you have to folder the claim under you collision deductible and own they will pay for everything specifically over that deductible.
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