Car got stolen 2 days ago,..should I stop making payments?
#1
Thread Starter
Join Date: Aug 2002
Location: mission valley, CA, usa
Posts: 247
Likes: 0
Received 0 Likes
on
0 Posts
Car got stolen 2 days ago,..should I stop making payments?
It was almost done paying off the car this coming june but my EG got stolen 2 days ago..done approriate things like insurance and police..but should I stop making payments to the car?
#3
Honda-Tech Member
Join Date: Jan 2002
Location: PA
Posts: 3,712
Likes: 0
Received 0 Likes
on
0 Posts
Re: Car got stolen 2 days ago,..should I stop making payments? (batibot)
you should pay but make sure your insurance reimburses you for paying otherwise that will screw with your credit they dont care if your car was abducted by aliens
#5
Honda-Tech Member
Join Date: Oct 2002
Location: Scottsdale, Az
Posts: 3,366
Likes: 0
Received 0 Likes
on
0 Posts
Re: Car got stolen 2 days ago,..should I stop making payments? (batibot)
Yeah I think you have to pay, the bank doesn't really care what happens to your car. They just want their money.
#7
Re: Car got stolen 2 days ago,..should I stop making payments? (WhiteEJ1)
the bank doesn't really care what happens to your car. They just want their money.
Trending Topics
#8
Re: Car got stolen 2 days ago,..should I stop making payments? (93 MR EJ1)
the bank doesn't really care what happens to your car. They just want their money.
Sad but true
Sad but true
#9
Member
Join Date: Sep 2002
Location: Cornfields, OH
Posts: 2,114
Likes: 0
Received 0 Likes
on
0 Posts
Re: Car got stolen 2 days ago,..should I stop making payments? (95CivicEX)
the bank doesn't really care what happens to your car. They just want their money.
Sad but true
very true.. i totaled my 92 si hatch almost 2 years ago.. insurance company didnt pay off the loan cause of some stupid *** reason, so i was payin for the car even tho i didnt have it and insurance already sold it to someone else at an auction, bank wanted money, insurance didnt cover it, so i had to pay it.. my situation really sucked due to other things at the time
Sad but true
very true.. i totaled my 92 si hatch almost 2 years ago.. insurance company didnt pay off the loan cause of some stupid *** reason, so i was payin for the car even tho i didnt have it and insurance already sold it to someone else at an auction, bank wanted money, insurance didnt cover it, so i had to pay it.. my situation really sucked due to other things at the time
Wow the insurance compnay pretty much said drop your pants and bend over... that sucks dude!
#10
Join Date: Dec 2002
Location: San Francisco, California, United States
Posts: 446
Likes: 0
Received 0 Likes
on
0 Posts
Re: Car got stolen 2 days ago,..should I stop making payments? (SlippylesKB)
quote:
--------------------------------------------------------------------------------
the bank doesn't really care what happens to your car. They just want their money.
Sad but true
very true.. i totaled my 92 si hatch almost 2 years ago.. insurance company didnt pay off the loan cause of some stupid *** reason, so i was payin for the car even tho i didnt have it and insurance already sold it to someone else at an auction, bank wanted money, insurance didnt cover it, so i had to pay it.. my situation really sucked due to other things at the time
--------------------------------------------------------------------------------
so ur insurance didnt pay u **** and also sold ur car???
--------------------------------------------------------------------------------
the bank doesn't really care what happens to your car. They just want their money.
Sad but true
very true.. i totaled my 92 si hatch almost 2 years ago.. insurance company didnt pay off the loan cause of some stupid *** reason, so i was payin for the car even tho i didnt have it and insurance already sold it to someone else at an auction, bank wanted money, insurance didnt cover it, so i had to pay it.. my situation really sucked due to other things at the time
--------------------------------------------------------------------------------
so ur insurance didnt pay u **** and also sold ur car???
#11
Re: Car got stolen 2 days ago,..should I stop making payments? (91_hatch_si)
pay it off and have good credit later in life for other things(houses,cars,toys) or stop paying and keep driving civic hatchbacks and living with your parents for the rest of your life..that pretty much sums it all up its just up toyou what you do
#12
Honda-Tech Member
Re: Car got stolen 2 days ago,..should I stop making payments? (95CivicEX)
very true.. i totaled my 92 si hatch almost 2 years ago.. insurance company didnt pay off the loan cause of some stupid *** reason, so i was payin for the car even tho i didnt have it and insurance already sold it to someone else at an auction, bank wanted money, insurance didnt cover it, so i had to pay it.. my situation really sucked due to other things at the time
#13
Member
Join Date: Sep 2002
Location: westbrook, c.t, usa
Posts: 1,043
Likes: 0
Received 0 Likes
on
0 Posts
Re: Car got stolen 2 days ago,..should I stop making payments? (92b16vx)
man call the insurance comp if you had good coverage they gota pay it off end of story if not take there freaking asses to court
#15
Honda-Tech Member
Join Date: May 2002
Location: Why so you can pretend like youre interested, FL/OK
Posts: 4,306
Likes: 0
Received 0 Likes
on
0 Posts
Re: Car got stolen 2 days ago,..should I stop making payments? (one-syk)
pay it off and have good credit later in life for other things(houses,cars,toys) or stop paying and keep driving civic hatchbacks and living with your parents for the rest of your life..that pretty much sums it all up its just up toyou what you do
Protect your credit, there are many advantages in the future as long as you manage it well.
#16
Honda-Tech Member
Join Date: Mar 2002
Location: ATL to SAV to ORL, USA
Posts: 7,506
Likes: 0
Received 0 Likes
on
0 Posts
Re: Car got stolen 2 days ago,..should I stop making payments? (batibot)
It was almost done paying off the car this coming june but my EG got stolen 2 days ago..done approriate things like insurance and police..but should I stop making payments to the car?
Damn, another stolen Eg thread
#17
Re: Car got stolen 2 days ago,..should I stop making payments? (batibot)
you call the finance company and tell them it got stolen,then give them the # to your insurance company,tell them that its covered and the insurance company will take of it,make sure that they agree,it happened to me it everything was o.k.i quit making my payments but i discussed it with the finance company first.
#18
Re: Car got stolen 2 days ago,..should I stop making payments? (batibot)
yeah you should still go ahead and pay it. otherwaise your credit will suffer. you also want to make sure the insurance compensates you for everything you put in to it.
#19
Junior Member
Join Date: Nov 2002
Location: annapolis, md, usa
Posts: 442
Likes: 0
Received 0 Likes
on
0 Posts
Re: Car got stolen 2 days ago,..should I stop making payments? (batibot)
i work for an insurance comp! u still have to pay for ur car until the insurance gives u a settlement! sorry man hope everything works out for u. i know it will take some time for the insurance comp to give u ur check. so good luck!
#20
Re: Car got stolen 2 days ago,..should I stop making payments? (red_si_gurl)
thats why you should have gap insurance. covers the remainder if the insurance doesnt pay for the balance of our loan. this happened to my mother a few years back and it saved her from having to come up with a little over 1500 bucks.
CHRIS
CHRIS
#21
Honda-Tech Member
Join Date: Jul 2002
Location: Rancho Cordova, CA
Posts: 130
Likes: 0
Received 0 Likes
on
0 Posts
Re: Car got stolen 2 days ago,..should I stop making payments? (deviant94ex)
Yup, they made me pay, but insurance reimbursed me for the 4 months i paid for my car after it was stolen. They took their sweet time. Make sure you get on insurance for the money!! My adjuster quit his job and my claim sat on someones desk and did nothing with it... It finally got handled again when i nagged them to death...
Thread
Thread Starter
Forum
Replies
Last Post
slow99dx
Honda Civic / Del Sol (1992 - 2000)
3
04-03-2005 07:46 PM