I was hit by a car this weekend, in Florida. I was driving a Mazda 2 hatchback down a three lane one way, and a Ford F-150 tried to clear all three lanes and ended up slamming into my passengers side. My car is a total loss, but I still have 8k left on the horrible 6 year loan that I took out ( I was young and naive). I need a new car, but the car is worth maybe 3k at this point. When the insurance cuts me a check, do I pay for a new car? Should I try to refinance the loan? I am unsure of what to do next that won't leave me financially boned. Any advice would help.
ETA: This post didn't blow up or anything, but the advice I did get helped me understand this process a little bit more. This is probably the most helpful subreddit I have encountered. Thank you all for that!
Submitted September 11, 2018 at 09:31AM by madmadz415 https://ift.tt/2OaO3oW
