Today, Hubby received a call from our car insurance, USAA. They declare Hubby's car a total loss. Based on the current market value, they offered him USD$4.5K. At that time, we bought the car @ USD$5.4K. Is so unbelieveable that shortly within 1.5years, the car value has dropped so much. Hubby says that this is very normal.
After discussing with the current workshop mechanic, Lewis, we decided to take the offer. Lewis also recommended us to buy back the car from USAA instead of purchasing a new car. After checking the price from USAA, they only charged us USD$950, which we find it very reasonable and it comes with a clean title too! In the end, we can still manage to save about USD$1.6K after buying the car and repair the damages. Hubby will need to call & confirm with USAA tomorrow!
The car accidental had happened so long le (since 18 Aug), we are puzzle and shock on how USAA come up with such decision. Hubby & I think that it might be the help from Lewis.
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