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92 Posts
I think I'll go cry now...
yeah... that too... but the car! 😄That sucks. Hopefully everyone is OK. You can replace the vehicle. you cannot replace your life.
My cousin who runs a dealership and repair shop showed me a site where there are 5-6 damaged Kona N selling for $5-8K. One just had a missing front bumper. Another had some damage done to the rear hatch, etc... My cousin said that the repairs on each is around 5-8K if there isn't anything major than the body work. If someone wanted a cheaper Kona N and didn't care about the title being clean or not could have one for around $10-15K. Problem is no warranty or anything as the car is written off. It would be a great buy for someone wanting to build a track car.Yeah, I'm really praying that they decide to just write it off. I found an in-stock '23 model at another dealership about 8 hours from me. By strange coincidence, I had booked a weekend trip to that city three months ago, so it will work out well to swing by the Hyundai dealership there. It's even in the colour I want. My loss of use insurance only provides for $1750 of car rental charges, and after $1000 only pays up to $50 per day for the remaining $750.
Even at $50/day, that's just over a month of rentals. As you mentioned, parts availability will be the unknown variability. I could easily see repairs taking well over a month if some parts are backordered, or worse yet, have no anticipated in-stock date.
I'd like to leave a deposit on the 23' model in anticipation of my car being written-off. That way, I have my replacement car secured and I'm not waiting months (absolutely cannot do) for a new Kona to come from the factory. The gamble is that insurance may decide to r&r it, then I'm out my deposit, and still waiting who knows how long to get the car back.
I had a 2008 VW Jetta (City) years ago, and it always had condensation behind the headlamp cover. Told the entire assembly had to be replaced to rectify it, but the cost was just under $1000, so I said no thanks-I can live with it. Fortunately, wildlife collisions don't affect premiums nor driver abstracts here, as they consider wildlife to be unpredictable.
Part availability is a big concern especially with car models produced between 2019-2022. Most newer model cars are simply written off after a fairly good accident even if the car can be fixed it would lose value therefore it is typically written off. What happens after that is the car is sold for parts or sold to be rebuilt. Cars can get rebuilt titles so they can be placed back on the road. Places that do rebuilt titles sell the cars at a discount but a car say a 2022 model with 5K mileage that has a rebuilt title doesn't have a warranty and can be had for about $10K below the current market value. So a 2022 Kona N that has been rebuilt would be sold for around $20-25K, depending upon the damage done to the car.The warranty subject is a concern. Of course, if it's declared a total loss, the OEM warranty is void, that makes sense. I'm really concerned with the impending diminished value that this accident will cause. I just have a feeling that the damages won't justify writing it off. Then, if the repairs aren't done correctly, I have no OEM warranty to rectify it, I'm forced to fight with the body shop directly to get the job done right.
That damaged N was written off with just a missing front bumper? Must have been a bent frame behind it? I had a one year old Santa Fe Sport years ago where a small car rear-ended me in the winter. Her car looked worse than my Kona, but my suv just had a damaged liftgate, bumper, and exhaust. My damages amounted to over $12,000 (they replaced the liftgate and installed a new exhaust from the headers back), but I imagine her car was totalled. My damage was well under the threshold to declare a total loss.
Any update? Is your Kona N written off?Thanks, that's good to know beforehand. May be all for naut as insurance may elect to repair the car. Damage appraisal was done today, then they towed it to the body shop.
Turns out that they have no parts nor labour prices for 90% of the required repairs. Kona N's aren't even listed on their books. 😳 Maybe the first wreck in the province? Body shop will take a few days to find costs. All they priced out so far was $1800.