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July 27, 2020
Question

Car #1 was wrecked and totaled on August 1. Insurance paid off remaining loan. I received nothing. Software asking for sales price since I stopped use? How do I compute?

  • July 27, 2020
  • 1 reply
  • 0 views
Since I received nothing after wreck, I had to purchase cash lot car that caused me nothing but problems. I have $10k in repairs to a $3500 car for remainder of year.

1 reply

Critter-3
July 27, 2020

Just because the loan was paid off directly from the insurance company doesn't mean you didn't get anything ... your sales price IS the amount the insurance  paid  even if you didn't actually  touch the check.