Bye bye Stinger

[SteveCo]

Got it for $41k+, after 5 months, it was worth $43k+.

Your insurance company paid out more than the car cost?

Sounds like I've got the wrong insurance company, how did that come about?

 

[Waynerm002]

It’s a valuation of what the car is worth. Much like valuing a property, they did comparisons of others in the area on sale and came up with that price. Based on the lease incentives and dealer discount, I was able to get a really good price on the car. Not so much this time around, though. That money is going right back into the loan on the new car. Had I paid full sticker, I would be left owing some money. I got GAP on the loan for just this sort of thing, but it worked out that the value came in higher.

 

[MerlintheMad]

Got it for $41k+, after 5 months, it was worth $43k+

I'd say you lucked out on that one, Wayne. Way to go on a lucky break!