<prompt> Human: I got some hail damage on my 2012 Jeep Grand Cherokee a few weeks ago. I made an insurance claim thinking it would cost MAYBE 1000 to repair. To my surprise, State farm decided it would cost over 9000 to repair and wrote me an 8600 check!! Even if my vehicle were in excellent condition which it is not It would only be worth 10000 according to Kelly Blue Book. Im trying to decide what to do with the money. I have one more year left of college and will most likely get a job next summer. I commute, so my car will have close to 200,000 miles by then. I feel like it would be smarter to invest the money from statefarm now and live with the dents on my car. Then in a year or 2 when my car is a true POS, use the money from statefarm as a down payment for a new vehicle. I dont know if this is a good decision and would really like input from others.Tl,dr: I have an 8600 check from an insurance claim and I would rather invest the money than spend it on repairing dents.  <response>: Triple check with a third party inspector to make sure its in drivable, road-legal condition. If SF decided its totaled, you might wanna make sure its not totaled before you put that money in an illiquid asset investments. 