Hey Scotty, I currently drive a 2007 Honda Accord SE automatic 4 cyl with 102,500 miles on it. It was a hand me down car and is first. I rear ended somebody in 2015 and the insurance claimed it as a total loss. My dad got a rebuilt it and I’ve been driving it ever since.
Last year I was T-boned in it and it got me thinking if I should get a new car since my current Accord doesn’t have full coverage on it. If I do, I’d probably want to get a hybrid. So what do you think, should I attempt to sell it and get a new car or drive it to the very end?
Thank you and have a good day!
How bad was the t-bone? How much can you get for it, considering it was t-boned? Usually salvaged and t-boned cars go for less, significantly less.
Normally I’d say stay away from salvaged cars, but you guys were the ones that salvaged it, and owned it before it was even salvaged.
Got pic of the t-bone?
The wreck from 2015 was me rear ending someone on the freeway (Don’t have a pic from that). After that it became salvaged. Then last year I was t-boned by a guy in a Wrangler. Here’s a pic:
The body shop was able to repair it in a few months so it wasn’t too bad. (The pic in the original post is actually the day I got my car back from them).
Also I’m not sure where else I could check to see how much I could price it for. KBB will not give me an estimate since it’s a salvage title
I doubt you can get much for it. But let’s look at it this way.
- How much can you get for it as is?
- How much would it cost to fix it?
- How much can you get for it fixed?
- How much is a new or used car?
I assume the car is in good mechanical condition. Not sure about the structure.
If it runs. And it is safe to drive, and new/used car prices are sky high, maybe just keep it as.
If you can sell it, and you can get a good price for a new/used car, sell it.
It all really depends on how much you can get for the car, and how much it costs to buy a new oneX and how much out of pocket you are willing to spend.
If you can’t get anything for it. Maybe keep it, and use it as a beater car.
There's nothing wrong with your Accord,
it's rated at 25 mpg and at 100k miles it still probably has quite a bit of life left in it.
In todays market used cars cost too much, so to upgrade you'd have to buy new and that's expensive.
If you can easily afford the upgrade, why not.
If you're looking at hybrids to keep long term, The Toyota Camry Hybrid is the way to go
Its rated at 52 mpg - the same as the Corolla, while being MUCH better in every way.
On most Toyotas the hybrid system is just a bonus,
to get rid of questionable CVTs or quality issues and get the tried and true SynergyDrive.
the new Camry Hybrid really takes it to the next level offering great mpg, power, luxury and warranty.
Some hybrids may boast slightly better mpg, BUT they're not on the same level,
Having drive the most efficient hybrid in the world for a while, made by Kia,
The dry clutch DCT and the small Atkinson GDi does get better efficiency but it's MUCH worse in all other aspects.
The only hybrids I’ve been looking at are the accord hybrid, the Camry hybrid, and the Prius Prime (the plug in hybrids sound like an attractive lifestyle considering the way I drive, but I still have my doubts about them).
But I still love my Accord! Especially after I installed a modern infotainment system into it. It still looks like an up to date car in my eyes haha. The only reason I’m considering upgrading to a new car is to be able to have full coverage in case of an accident.
I am so on the fence, but the Camrys look so good. Been definitely looking at them more recently!
How much would you be spending per year for full coverage versus how much with partial coverage insurance?
I really hadn’t checked with my insurance but right now I only pay like $70/month
You are basically driving a Parts Car, so just about anything would be better.
Could I realistically sell my accord in parts? I know I probably could get more money out of it that way. I would definitely love to know my options!
Posted by: @wrecked07accord
accord hybrid, the Camry hybrid, and the Prius Prime
The Camry Hybrid is great, powerful (for a hybrid), high-tech and luxurious.
The Prius Prime Is Phenomenal. it's based on the current Corolla - It uses the most dependable technology out there. It's powered by an amazing 4 cylinder (they took their best small engine, got rid of unnecessary internal complexity) with the biggest and best battery, and it's transmission will be used on the new Corolla Cross - so it has the best possible engine and uses tech that probably will be around for ages.
For example, this one has over 300k miles and is still practically a new car, they're just that well built.
even if the EV range is a bit too short, it's still an incredible hybrid, and the larger battery is a great thing.
The Accord hybrid is the worst out of these, it's just not on the same level as it's competition by any metric. The engines are uncommon, there's virtually 0 information on the transmission - I have serious doubts if anyone will be able to fix anything.
sound like an attractive lifestyle considering the way I drive, but I still have my doubts about them
I wouldn't worry about it too much, Toyota offers 10 year / 150k mile battery warranties and 8 year / 100k mile hybrid system warranties - and so far most Japanese PHEVs have been great.
The only reason I’m considering upgrading to a new car is to be able to have full coverage in case of an accident.
I am so on the fence, but the Camrys look so good. Been definitely looking at them more recently!
Well, I had the same thing with my aging Corolla, soon I'll only be able to get third-party damage coverage (where I live it depends on the book value) but selling made 0 sense, I keep it as a beater - in hindsight I'm glad I've made that decision.
It doesn't cost all that much to keep and it's super convenient to have an old reliable beater.
Do you perhaps know if european models hold so long too?
@g-t As far as I know, European Prius Prime models are the exact same as US models.
Note that the main issue with Prius is age, not millage (10-15 years until the batteries go bad depending on the climate)
Aren't European ones called Plug-In Hybrids?
@g-t yeah just marketing and naming: Prius Prime / Prius PHV (official Toyota name) / Prius PHEV / פריוס נטען (“Prius Chargeable”) - are all names used by Toyota to reference this model.
In this case the model is “XW50 when equipped with the 8.8kWh battery”.
It's an old salvaged Honda so you won't get much. I'd put it on eBay for about $1,500 and see what happens. Also have you check the prices of new sleds? You might want to just keep driving it.