What should I do if I cant make my car payment?
Once you’ve weathered the financial storm, one of the first tasks you should tackle is repairing any damage done to your credit rating. First off, don’t miss any more car payments. You should also keep up payments on other loans and figure out a way to keep your debt in check.
How can I repair my own car after filing a claim?
Depending on who is at fault, either your insurer or the other driver’s provider is going to be on the hook for paying for the repair. An estimate has been made and the insurer suggests a local reputable shop to do the work. The plan is for the shop to repair your car and the insurance company to pay them directly for the job.
Can a car be repaired before it is paid?
We repaired a car and parked it outside waiting for the owner to pay before he collected the car. We never let cars go unless we receive payment and if a customer wants to inspect our work we always send an employee with the keys so that the customer cannot simply drive a car away until our invoice is paid.
Can a car be out of commission after you pay it off?
While you may have every intention of driving a car long after it’s paid off, an accident (and inadequate insurance), expensive repairs, or mysterious problems your mechanic can’t fix could leave you with a vehicle that’s out of commission even though you’re still making payments.
Depending on who is at fault, either your insurer or the other driver’s provider is going to be on the hook for paying for the repair. An estimate has been made and the insurer suggests a local reputable shop to do the work. The plan is for the shop to repair your car and the insurance company to pay them directly for the job.
What happens if I repair my own car?
At the very least, if additional damage is discovered that had not been found earlier, your insurer will likely not pay for its repair. Also, if you get into another accident in the future, your insurer is likely to refuse to pay for any damage done to the part of your car that you previously repaired yourself.
How does insurance company pay for car repair?
The insurance company will produce an estimate and suggest a local shop to do the repairs. They might pay the repair shop directly. Or, they might cut you a check so you can pay them yourself.
Is it worth it to fix your car?
Depending on the severity of your car’s problems, “You can buy a lot of repairs for that kind of money,” Holthoff says. Of course, there does come a point when it isn’t worth pouring money into a beater. But where’s the breaking point? “Start with the scale of the repair,” Manelis says. “Is it a $1,200 fix or is it a $5,000 fix?”