|REPLACING YOUR CAR AFTER A HURRICANE|
|Posted on: Oct. 06, 2017 in Cars|
After a while, your car will begin to give you signs that it’s on its way out. It may start requiring too many repairs or fixing it means putting more money into it than it’s worth. But sometimes life gets in the way and you find yourself in desperate need of a new vehicle with little warning. Maybe you’ve gotten into an accident or an act of nature comes along and destroys your car.
Many in the flood-stricken areas of the country have found themselves in just such a situation after the devastating hurricanes last month. Some may be fortunate enough to have had enough insurance on their vehicle that they’ll be able to replace their car with little trouble. However, for the many individuals who are upside down on their auto loan – that is they owe more than the car is worth – they may find they don’t have enough money to get a new car.
This isn’t the only consideration for those who live in storm-affected areas. With so many vehicles damaged, car lots may find their inventory is reduced rather quickly. In other cases, water-logged cars can end up back on the market where an unsuspecting buyer can get stuck with a dangerous or valueless car.
If you find yourself in the unfortunate position of needing to replace your car, there are a few things you can do to make the situation less stressful:
Replacing a car is a common first step to get life back on track after a disaster. Being able to get around town or return to work will help ease the difficult time ahead. You’ll likely be in a hurry, but slowing down to make the best decision possible can make all the difference.
If you’re ready for a new car but your credit is keeping you from getting approved, CreditYes can help with our bad credit auto loan program! We can match you with a dealership in your area that will be with you every step of the way. Our service is fast and free. Fill out our secure online application and get behind the wheel of your next car today!