I have a car that I owe $8000 on & it just got flooded. I know its a total loss & talking to the dealership they know its a total loss. We still have to go through the process, but i was basically told that i wont be getting a check. That my car will be replaced. How does that even work? I know that if i get a check it would go to my loan. But would my dealership get paid the loss of the car & then my current balance going to be transfer to a new car loan on a replacement car?