He used his totaled car as an excuse to renege on several deals. I was just trying to figure out if he had options other than breaking all the deals he had in place. Thus the insurance discussion.
C.
Gotcha. And car or no car, he should have just explained his situation and asked for more time. If that was not viable, pull the cash outta thin air.
Hell I lost my job halfway through time payments last year. I explained the situation, and had to delay. But I still managed to pay it off and both parties were happy to see the deal completed.
No room for excuses. And I hate it when people back out on deals. Pay what you owe. If you dont hvae the cash, find it. Otherwise dont buy books unless you have a massive buffer.