I have a 2003 Toyota Camry that unfortunately met a deer head-on at 60 mph the other day. I LOVE this car - it has about 150,000 miles on it and I was hoping that I would drive it for a very long time…
Alas, I did not have my insurance set up right so the insurance company will not pay for repairs. The estimate comes out to about $4,000 for the repairs (radiator, A/C, hood, and headlight all damaged and need replacing). Kelley Blue Book lists my car (without damage) at $6000 for resale, $4000 for trade-in value.
So here’s the question: put the $4,000 into repairs and hope to get a few more years out of it? Or my dad will sell me his '04 Subaru Outback for around the same price as the repairs (125,000 miles).
My concern between the two cars is mostly how much longer each will last (I want to get as much time as possible out of whichever one I go with). But also resale value. Camrys keep their resale value better, but mine has been damaged. Neither one will probably have much resale value, though, by the time I drive them into the ground anyway…so does it even matter?
Thanks for any input - I’m having a tough time with this decision! I have a definite sentimental attachment to the Camry!