Do I repair after a wreck or just get a new car?

Asked by siuleafar Aug 26, 2019 at 11:04 PM about the 2013 Hyundai Elantra GLS FWD

Question type: Maintenance & Repair

I have a 2013 Hyundai Elantra that has 62,000 miles on it. I recently rear-
ended someone, which resulted in my car needing to replace the hood, front
panel, right front panel, plus probably front brackets, etc. Airbag wasn't
deployed, and the car drives fine. I've tried to get an estimate to get the body
repaired, but no one will give me one because they won't open the hood (in
fear it won't close again} and look inside. Basically, they have said I could be
looking at $3,500-$4,000 in repairs because of my bonehead mistake of not
having collision insurance on the car, only liability. I know, it was a stupid
mistake of me being  cheapskate. If I had collision insurance, the insurance
company would have paid to get it fixed because the car still has value.So,
here are other details, I still owe about $3,900 on the loan, the KBB value for
the car is probably $4,000-$5,000 as is. Do I go ahead and bite the bullet,
repair the car, and keep using it, or do I try to trade it in for hopefully the rest
of the loan and a bit more and just get another car?Are there other options to
consider here?

1 Answer

40,160

You summed it up with Bonehead mistake. I would go ahead and repair it and drive it a few more years and add collision back onto your insurance policy. If you tried trading it in, you would get scrap value for it. Wholesale on your vehicle is $4800 minus the $4000 in repairs equals $800. Or you can pay off the loan and start over. Only remove collision if you can afford to replace the vehicle once it gets damaged.

1 people found this helpful.

Your Answer:

Own this car?

Share your experience with others.

2013 Hyundai Elantra

Review another car

CarGurus Experts

  • #1
    G. Jacob Durbin
    Reputation
    3,560
  • #2
    Taku Zhou
    Reputation
    2,980
  • #3
    Pirdman
    Reputation
    2,880
View All

Know more, shop wisely

Search

Related Models For Sale

Used Hyundai Sonata
807 Great Deals out of 17,741 listings starting at $450
Used Honda Civic
1,314 Great Deals out of 28,557 listings starting at $900
Used Toyota Camry
2,008 Great Deals out of 36,217 listings starting at $375
Used Toyota Corolla
1,604 Great Deals out of 24,191 listings starting at $1,100
Used Honda Accord
1,494 Great Deals out of 29,357 listings starting at $600
Used Kia Forte
664 Great Deals out of 21,529 listings starting at $800
Used Nissan Altima
1,275 Great Deals out of 37,662 listings starting at $800
Used Hyundai Elantra GT
66 Great Deals out of 720 listings starting at $3,500
Used Nissan Sentra
840 Great Deals out of 42,668 listings starting at $600
Used Hyundai Accent
198 Great Deals out of 2,483 listings starting at $1,095
Used Mazda MAZDA3
471 Great Deals out of 12,316 listings starting at $1,500
Used Hyundai Tucson
995 Great Deals out of 28,395 listings starting at $1,150

Used Cars for Sale

2024 Hyundai Elantra For Sale
16 Great Deals out of 14,473 listings starting at $19,770
2023 Hyundai Elantra For Sale
103 Great Deals out of 1,609 listings starting at $14,795
2022 Hyundai Elantra For Sale
34 Great Deals out of 699 listings starting at $14,495
2021 Hyundai Elantra For Sale
78 Great Deals out of 1,671 listings starting at $11,590
2020 Hyundai Elantra For Sale
170 Great Deals out of 2,245 listings starting at $7,895

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.