Thompson Law Firm
Winston Salem Personal Injury Lawyer
Hurt in a crash in Winston-Salem or anywhere in North Carolina? We help accident victims pursue compensation for their injuries.
Thompson Law Firm – Winston Salem.
301 N. Main Street,
Suite 2449, Winston-Salem,
NC 27101, USA
301 N. Main Street,
Suite 2449, Winston-Salem,
NC 27101, USA
Monday - Friday,
09.00 AM - 06.00 PM
09.00 AM - 06.00 PM
Your vehicle may be a total loss
WHAT TO KNOW & WHAT TO DO
Planning ahead can help you get a better vehicle and save thousands of dollars.
Rental car coverage
The insurance company will usually provide a rental vehicle while they evaluate your claim and determine the value of your vehicle.
Total loss offer
Once the insurance company declares your vehicle a total loss and makes an offer, many times your rental coverage will end that day.
Be prepared
The rental company may remove the rental vehicle the same day the insurance company makes its offer. Start looking for a replacement vehicle now so you are not left without transportation.
Tips:
how to save money
on a new vehicle purchase
SIX STEPS BEFORE YOU BUY
step 01
Get pre-approved at your credit union
Go to your credit union before you visit the dealership to get the best interest rate and loan terms. This gives you a strong negotiating position.
1
step 02
Get pre-approved at your credit union
Before you go to the dealership, print out comparable vehicles for the make, model, year, and mileage you want, and find ones for a lower price. This gives you leverage to negotiate a better deal.
2
step 03
Bring your financing terms
Take a printed copy of the financing terms you received from your credit union. Tell the dealership that if they can beat your interest rate or terms, you will finance with them.
3
step 04
Never accept the first offer
Always negotiate. You should exchange purchase price numbers at least three times. Most dealerships have room to lower the price.
4
step 05
Focus on the key factors
Mileage, year, and overall condition are the strongest factors that determine the price of a vehicle. Use these factors when comparing vehicles and negotiating.
5
step 06
Take your time and compare
Shop around, compare multiple dealerships, and don’t feel pressured. These steps can save you thousands of dollars.
6
If you have questions about the insurance company’s offer or the total loss process, please contact our office.
Insight
Personal Injury Insights
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