Keep the Rogue or Cut our losses

[datechboss101]

This past wednesday while at a parking lot at fathers work, the Rogue was severely hit (while parked). This resulted in $2600 in repairs before a $4k bill for a new engine cradle AND lca. Now with that said, after coming home from a Nissan certified body shop, I did some research on if its time to cut our loss here. This is the 2nd front end accident on this vehicle. I got three great offers near what we originally paid OTD for back in 2019: $23500 from carmax, $23000 from a Nissan dealer, $22800 from an Audi dealer.

We authorized the body shop to start ordering parts and repairing the vehicle for $2600 as we are paying out of pocket (ran into a Geico adjuster, who said its not worth going through Geico to repair this as we are trying to get our premiums lowered).

If we sell the Rogue, me and my dad will share the MDX until August or early 2023 (whenever he decides to get the BMW iX); pops will need the vehicle once a week because he is a gov employee. My mom on the other hand wants to keep the Rogue, as its technically her vehicle since we (pops) bought it for her back when the Kicks was completely wrecked and while we also had the 16 Rogue.

Due to this dilemma, what would you guys suggest? First wreck was back in late Oct 2019 when a lady with a first-gen Rogue (select trim) jumped the curve and side-swipped the vehicle.

[macgiver]

$$$$$$$$$$$$$$$$$$$$$$$ .......SSSSSSSSSSSSSEEEEEEEEEEEEEEEELLLLLLLLLLLLLLLLLLLLLLLL !!!!!

[PalmerWMD]

None of the hits sound too bad or the insurance company would have totaled it.
You do have some perceived reduced value but no safety concerns. (not sure if the last accident was any worse than this one, this one appears fairly minor)

I dont see any urgency to sell especially since you will now get a bit less for it with the accidents.

Just drive it until its at super high miles at which point the book value will be so low a 10% loss in value due to the relatively minor accidents will only be a small amount (unlike now).

[PapaSmurf2k3]

I always advocate getting out of anything Nissan CVT whenever possible.

[datechboss101]

Forgot to mention:
The dealership where the vehicle is at right now, actually sent their used car sales manager and sales person to physically evaluate the vehicle with the current damage. Not sure how they noticed the vehicle was on property Thursday because the sales department called and asked if I was there to see if we were interested to sell at that time. The AS-IS price if they (dealership where the Rogue is currently sitting at) bought the vehicle from us right now, is $19k, or if we fixed it then sold it to them is $21500. So not a huge hit considering the OTD was under $25k.

My issue is how many more front-end collisions can this vehicle take. That's my huge concern right now.

[macgiver]

How many more do you think your gonna have ??? Time will tell ? Your kinda on a "Roll "

[datechboss101]

Any pros vs Cons about leasing a vehicle for like 2 yrs or should we just keep this Rogue? Like sharing the MDX is really out of the question as I am now a grad student and will be making the occasional drives to UCF.

[AZhitman]

I agree with Smurf, with this caveat: Let the buyers decide what to do with their cars.

Also, homey... Love you, but a grad student should know it's "jumped the curb and side-swiped" not "jumped the curve and side-swipped."

Book-smart people should strive to communicate accurately in their native language, even in casual, non-meaningful venues. There's your helpful hint from the Old Guy in The Room.

[VStar650CL]

Book-smart people should strive to communicate accurately in their native language, even in casual, non-meaningful venues. There's your helpful hint from the Old Guy in The Room.

Seconded by the other Old Guy in the room.

[datechboss101]

I agree with Smurf, with this caveat: Let the buyers decide what to do with their cars.

Also, homey... Love you, but a grad student should know it's "jumped the curb and side-swiped" not "jumped the curve and side-swipped."

Book-smart people should strive to communicate accurately in their native language, even in casual, non-meaningful venues. There's your helpful hint from the Old Guy in The Room.

One of the few Old Guys I got respect for. Got my head out of my rear end by couple other old guys for planning a financial crapball. Either way, Rogue is staying in the fleet until further notice. It does need additional parts to be flush, as the dealer's bodyshop did overcharged my father here. Although its $2100 we paid, we are now seeing worse panel gaps, and water going into places where it shouldn't be going to.