advice (plz read)

back in feb i got into an accident and my stepdad now just waited to report it cause the people wanted to settle without the insurance company. So now im in the process of making statement the orignal estimaent(sp) was $817.10 but after i got my car inspected the suspension failed and i believe this is from the accident also but all together the is going to total over or at least or close to $2000 and i only paid $1150 for the car if the total it should i buy it back and do my engine swap or what.

anyone

what car u have?

1988 Sedan