About the cost of repair for a ford fiesta that collided with a divider in india!!!?

hey people,i am in the usa at present(doing my masters in mech engineering),back in india last year i was driving my frnds ford fiesta and was doing 70kmph on the highway and due to oversteering it skid and hit the divider(driver side) no injuries for ny one in the car,but the car was hurt,i would'nt say badly. from inspection all i could see was that the engine was'nt transmitting ny power to the front wheel on the right,and when i bent down and saw the axle was broken,the bumper had a crack and that was all.we called the tow vehicle and pulled it to the garage,i said it was my fault and i would pay for it.( i umed it wud be hardly around 20k at the max) and now my frnd says the engine is spoiled,the rear axles are'nt good,the doors have a dent and all and he says its1,60,000 for the repair.and the so called mechanic says its useless(in my frnds words)it wouldnt sell out for half the price also.is there a probability that it can be true for the kind of collision the car had????