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What kind of car is it? If it is a mid 90s to early 2000 then you perhaps should get it totaled. They usually give decent market value (sometimes more if they are unaware of problems with your car). Just blue book your car and compare what they quoted you to a car in your condition. Your car sounds pretty fucked up if it has a lot of rain damage and soon you'll probably have mold and shit smell associated with your car.