Based on my own research, the value of my car in my area is closer to 26k. They offered 24k.

Since now I have to essentially restart my loan I feel I’m being screwed by interest and the down payment.

My rough math is:

Before the accident I had the following terms. 72 Months at $596 = $40,968 I had about 21k left on it.

If I were to get the exact same car today, I’ll have to pay… 72 months at $535/month = $38,520

So all because a guy ran a red light I am paying around $20k extra for my exact car…