Originally posted by kinger:
Also, might check into payoff protection on your next car loan. Covers you for full payoff should the car become totalled in an accident. Something available now in many states is full new car purchase price reimbursement insurance for up to 3 years no matter what the value of the car becomes within those 3 years
I have this for $7 a month, sure makes me warm and fuzzy inside knowing that I'll get my money back should I happen to total it. I would actually get more by totaling it then selling it..mmm Maybe Buckshot could race my car for me so I can new one
USAA provides this if your car is financed and insured through them.
The only things this doesn't protect you from are:
a) your deductible
b) your desire to trade before you pay it off
TB