is it worth it to keep

Asked by Malablu Feb 20, 2019 at 12:24 AM about the 2001 Mercedes-Benz SLK 230 Kompressor

Question type: Maintenance & Repair

I have. 2001 Mercedes SLK230 Kompressor that I was rear ended in, then
struck the vehicle in front of me.  The front bumper has a hole in it and the  
area where the trunk latches was pushed in a littlle and trunk won't latch.  
back bumper has a scratch.  It still drives great.  Strong little engine and just
a fun car.  They said that it is over $6000 to fix so it will most likely be
totaled.  Is it worth it to keep it and fix it myself?  

1 Answer
22,185

Gary answered 5 years ago

Hard to say. Do you really love the car? Trouble is, if you want to keep it the insurance company will deduct a 'salvage' value and deductible from the money they give you. So the insurance company may only give you $4,000 - $4,500. Then you would be responsible for the repairs.

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