Recently I ran over something that fell off of a truck in front of me. It caused quite a bit of damage to my gas tank and undercarriage including the exhaust pipe and cross member. There is also a small hole in the floor under the driver foot area. The rest are smaller issues like gaskets, etc. According to Toyota, parts would be $4000-5000 for a total of approximately $10,000 with labor. An option aside from just having the repairs done is to receive a check for the “difference between the worth and salvage” amounts (I don’t yet know this figure) and keep the car. A somewhat mechanical friend is encouraging me to go with that option and use some of the money to pay for only the most crucial repair which he says is the gas tank (I can’t fill it past half full without the pump shutting off). In that case, I might have some money leftover which would be very beneficial to me currently (lost my job last year). My mechanial knowledge is very limited so my questions are:
- How dangerous (if at all ) is it to have a damaged cross member, bent exhaust pipe, and hole in the floor?
- If those repairs aren’t NECESSARY and I just have the gas tank repaired, will that come back to haunt me on a Car Fax if I try to sell the car someday?
- Any idea what it might cost to have just the gas tank repaired?
Thanks in advance for your insight!