In a car crash case you get repair value or blue book value. Not replacement value. Unfortunately, sometimes an old car runs just fine. It gets you where you need to go. But that old car has very little monetary value under the law even though it is very valuable to you because it allows you to forgo the purchase of a more expensive newer car. At present, the law does not compensate you for the replacement value of your old car. You should expect to take a loss here unless you can make up for that loss in your personal injury settlement. This is unfair. But as of this writing, it is the law.