My father-in-law returned our truck with a $1,500 fender bender. My in-laws were flippant and declined to pay. Should we push it?

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What would you do if someone loaning your car left $1,500 of damage and hid it from you? The Moneyist helps out a reader in that scenario:

My husband decided to buy a new truck at 0% interest in 2019. At the time our son was 13 years old; he would be driving soon enough, so we decided not to trade in our other 2010 truck during the purchase.

No police report was filed A year ago, my father-in-law was involved in a supposed hit-and-run, denting the front fender. No police report was filed. The incident was never disclosed to us — nor was an estimate of repairs sought. My in-laws, in their 70s, are about to take out a 30-year reverse mortgage on their home. They live off my father-in-law’s Social Security. What role should my in-laws play in the repair of the fender?You can email The Moneyist with any financial and ethical questions related to coronavirus at qfottrell@marketwatch.com, and follow Quentin Fottrell on Twitter.Let’s assume it was a hit-and-run incident.

 

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